South East Asia’s oil shortage fears

Why has the Iran war left the region’s oil supply so exposed? Thailand, Vietnam, the Philippines and China are all bringing in different measures to try and control the situation - from making government employees work from home, to restricting fuel exports, to a four-day week. Around a fifth of the world’s oil is shipped through the Strait of Hormuz - a narrow strip of water along the southern coast of Iran. Much of that ends up in Asia. Why are countries in South East Asia so sensitive to fluctuating energy prices even though some are themselves oil producers? To unpack the ongoing oil rush in the region, host Mariko Oi speaks to Maura Fogarty, the BBC’s Asia bureau editor, and Panisa Aemocha and Thuong Le - BBC World Service reporters with the latest from Thailand and Vietnam. This episode was recorded on 23rd March at 0630 GMT. Asia Pacific, unpacked by those who know it best. Bringing you essential insights and conversations on the stories shaping the region - an economic powerhouse, geo-political flashpoint and the birthplace of global cultural trends. Hear Asian perspectives on international issues and in-depth analysis on news from a region that’s home to nearly 2.5 billion people.Whether it is the latest on trade between the US and China, the rise and fall of political dynasties in Thailand, Indonesia, and the Philippines, or South Korea’s K-pop inspired soft power strategy, we find out what key players are thinking and dive into the stories that matter. Hosted in Singapore by Mariko Oi, alongside BBC experts in Beijing, Bangkok, and beyond – listen to new episodes twice a week. Episodes of Asia Specific are also available on YouTube, here: https://bit.ly/4iJyeVt Get in touch: asiaspecific@bbc.co.uk