Brent fell nearly 19 percent in May on ceasefire hopes, then surged 5 percent on June 1 as Iran suspended talks. The Strait of Hormuz remains unresolved.
Rystad Energy estimates that Singapore’s interconnection targets could unlock 25 GW of regional renewables and over forty billion dollars in investment if fully realized.
Enterprise Singapore’s Joint Working Group is contributing to IEC TC 88 global wind energy standards, covering turbine design, site assessment, and simulation technologies.
As ASEAN’s Hormuz-driven energy crisis accelerates regional grid integration talks, Sarawak’s multi-market export pipeline is among the most concretely advanced in Southeast Asia.
Thailand’s Board of Investment approved 36 data center projects worth RM 93.7 billion. EI Power’s IPO proceeds include funding for a Bangkok office to capture that market.
The EIA's May 2026 STEO places Brent crude at USD 106 for May-June, with global inventory draws running at 8.5 million barrels per day across the second quarter.