Particle.news
Download on the App Store

ASEAN Leaders Convene in Cebu to Tackle Energy Shock, Weigh Crisis Plan

A draft declaration sets up emergency fuel-sharing to cushion disruptions.

Overview

  • ASEAN leaders, who meet in Cebu on Friday, will focus on shoring up energy, trade and food supplies after Middle East fighting choked key fuel routes.
  • A draft contingency declaration seen by journalists sets up emergency fuel-sharing this year, a regionwide crisis protocol and protections for freedom of navigation to keep goods moving.
  • Host Philippines says the plan seeks to steady fuel and food prices and to protect more than a million Southeast Asian workers and seafarers near the conflict zone.
  • Thailand is pressing a step-by-step re-engagement with Myanmar as its foreign minister seeks a briefing from his counterpart, though Myanmar still sends only a lower-level representative to ASEAN summits.
  • On the sidelines, the Thai and Cambodian leaders will meet under President Marcos’s watch after two border flare-ups last year killed about 150 people and displaced some 300,000.