Reuters
28 May 2026, 05:19 UTC · 2h ago
Source · https://www.reuters.com/business/energy/malaysia-steps-gas-cuts-coal-use-power-demand-surges-record-2026-05-28/
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Asian countries are increasing coal consumption to compensate for LNG shortages caused by the U.S.-Israeli conflict with Iran. — Shift toward coal indicates systemic energy instability and higher geopolitical risk premiums in the region.
-0.60Malaysia is utilizing offshore gas reserves to address record power demand from data centers and extreme heatwaves. — Shows strong industrial growth and data center expansion, though offset by the depletion of reserves.
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