Intelligence Briefing — March 2026

Impact of the Middle East War on Southeast Asia's Energy Sector

A comprehensive mapping of 80+ companies across Oil & Gas Upstream, Refineries, Petrochemicals, and Fertilizers — analyzing Middle East feedstock exposure, operational disruptions, and strategic responses.

By Manus AI Research|Updated March 15, 2026
8Mbpd
Oil Supply Drop
Largest-ever disruption per IEA
$120/bbl
Brent Crude Surge
Up from ~$75 pre-conflict
80+
Companies Tracked
Across 10 SE Asian countries
12+
Force Majeures
Declared by petchem & refinery firms
Sector Analysis

Industry Impact Assessment

Explore the impact across four key sectors. Each table is searchable, filterable by exposure level, and includes source citations for all claims.


Exploration & Production

Oil & Gas Upstream

When assessed strictly through the lens of SE Asian operations, the upstream sector reveals a striking pattern: most producers in the region rely on domestic crude and gas, making them largely insulated from direct ME supply disruptions. The primary beneficiaries are domestic producers like PETRONAS, Hibiscus Petroleum, PTTEP, and PetroVietnam, who are seeing windfall revenues from surging oil prices without facing feedstock disruption. The key exceptions are infrastructure players like Dialog Group (whose Pengerang terminal handles ME crude imports) and Singapore-based trading/refining entities like SPC. Service companies like Seatrium face indirect exposure through their ME project backlogs.

Showing 25 companies across 9 countries