Energy Crisis Spreads to Emerging Economies as Fuel Costs Surge

Energy Crisis Spreads to Emerging Economies as Fuel Costs Surge

The global energy crisis is no longer confined to markets or major economies. It is now spreading rapidly across emerging nations, exposing structural vulnerabilities in countries that rely heavily on imported fuel and liquefied natural gas (LNG). Recent developments show that the impact is no longer theoretical. Countries across South Asia, Africa and parts of Southeast Asia are already facing shortages, rising costs and policy stress as the en…