Escalating War Pushes Countries Into Energy Triage

March 17, 2026 5:04 am

BANGKOK (AP) — The escalating Iran war is pushing parts of the world into energy triage. Governments are deciding where to cut demand or absorb higher costs, while prioritizing dwindling supplies. In places like Bangkok and Vietnam, people are being urged to work from home, take the stairs and keep air-conditioning above 24°C, while some businesses are preparing for disruptions. The conflict is disrupting critical oil and natural gas shipments from the Middle East, sending prices soaring and threatening global growth — with Asia facing the greatest risk from the shock. That prompted some governments to draw on their emergency reserves, a stopgap measure that can only go on for so long.