Iran war energy shock revives Asean’s power grid plans: ‘it’s the way to go’

Preview Brief

For a few weeks after the bombs started falling on Iran, Southeast Asian governments told their people not to worry. Emergency funds would cushion the blow. Subsidies would hold. Prices would stabilise. A month on, with oil well above US$100 a barrel, long queues for fuel forming at petrol stations across the region and Thailand restarting coal plants it had mothballed years ago, the reassurances have worn thin. Agai...