ASEAN foreign ministers have warned that escalating tensions in the Middle East could disrupt trade, push up energy costs and strain regional supply chains, raising fresh concerns for businesses already navigating an uncertain global economy.
In a joint statement, the ministers expressed serious concern over renewed hostilities involving the US and Iran, urging all parties to exercise maximum restraint and pursue dialogue to prevent a broader regional conflict.
The bloc said prolonged instability could ripple across global markets, affecting trade flows, shipping routes, fuel prices and food security, with businesses in Southeast Asia among those exposed to the fallout.
Particular concern was raised over the Strait of Hormuz, one of the world’s busiest energy corridors through which a significant share of global oil shipments passes. ASEAN stressed the need to keep the vital maritime route open, calling for the uninterrupted and lawful passage of vessels and aircraft in accordance with international law.
Any disruption to shipping through the waterway could increase freight costs, tighten energy supplies and trigger higher oil prices, adding pressure on manufacturers, exporters and consumers across the region.
The ministers also warned that prolonged conflict could affect the availability and cost of agricultural inputs such as fertilizers, posing additional risks to food production and inflation while squeezing businesses dependent on stable supply chains.
To reduce the economic impact, ASEAN pledged to strengthen regional cooperation and cross-sector coordination to improve supply chain resilience, enhance energy security and support sustainable economic growth.
The bloc said member states are already implementing measures at both regional and national levels to cushion socio-economic shocks and protect vulnerable sectors from external disruptions.
Beyond economic concerns, ASEAN reaffirmed its commitment to international law and the protection of civilians and humanitarian workers, while strengthening cooperation to assist ASEAN nationals affected by conflicts overseas.
The statement underscores growing concern among Southeast Asian economies that geopolitical tensions beyond the region are increasingly shaping business conditions at home. With global trade and energy markets closely interconnected, ASEAN said maintaining peace and stability remains essential to protecting investment, commerce and long-term economic growth.
