Advertisement
Asean
This Week in AsiaEconomics

Will Asean’s scramble for Russian oil fuel shift in regional alliances?

Southeast Asia’s pivot may be for economic reasons, but some analysts warn Moscow could seek to build lasting influence in the region

4-MIN READ4-MIN
1
Listen
A man refuels the tank of a motorcycle at a petrol station in Manila, the Philippines, on April 7. The Strait of Hormuz blockade has resulted in energy shortages in Asia. Photo: AFP
Sam Beltran
Across Southeast Asia, governments are seeking Russian oil and gas to ease fuel shortages triggered by the continuing chokehold on the Strait of Hormuz, a crisis that has sent energy prices higher and forced import-dependent countries to look beyond their usual suppliers.

But analysts say the scramble for Russian fuel also raises a bigger question for the region: whether Moscow can turn a short-term role as an emergency energy supplier into longer-term influence there.

Member states of the Association of Southeast Asian Nations have pursued separate efforts to procure fuel supplies from Russia to shore up domestic reserves, using a temporary US sanctions waiver for some Russian oil transactions even as Moscow remains under broader Western sanctions over its war in Ukraine.
A tugboat guides the Russian oil tanker Anatoly Kolodkin as it arrives at a port in northwestern Cuba on March 31. Asean members have turned to Russia to secure oil supplies. Photo: AFP
A tugboat guides the Russian oil tanker Anatoly Kolodkin as it arrives at a port in northwestern Cuba on March 31. Asean members have turned to Russia to secure oil supplies. Photo: AFP

The move by Asean members – including Malaysia, Indonesia, Vietnam, the Philippines and Myanmar – to seek Russian oil could lead to the “reshaping of regional alliances to achieve supply chain resilience”, Chester Cabalza, founder and president of the Manila-based think tank International Development and Security Cooperation, said.

Cabalza said there was a high probability that Russia could use its role as an “energy lifeline” in the region as an opening to secure the “currency of influence” in Asean, with the closure of the Strait of Hormuz continuing to place pressure on a region dependent on imports from the Gulf for over half of its oil and gas needs.

Select Voice
Select Speed
1x
AI-generated voice