Vanda Insights: Asia's Fuel Import Dependence May Leave Economies Exposed to Geopolitical Turmoil
2026-07-22 02:25:45
According to Vanda Insights founder Vandana Hari, Asia's dependence on fossil fuel imports may leave countries exposed to global energy supply volatility for decades. She said Asia is in a period of geopolitical turmoil and that this state will continue for decades, at least for years. About 90% of Asia's primary energy consumption still comes from oil, gas, and coal, and a New Energy Outlook report said Asian economies will benefit most from the energy transition. In Vietnam, Japan, Indonesia, and India, energy import costs accounted for 3% to 6% of GDP in 2025.
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