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Asia • 2026-05-04 19:55

ASEAN Countries Increase Oil Imports from Brunei, Libya, and US

Several ASEAN member states have ramped up crude oil purchases from Brunei, Libya and the United States. The shift reflects a diversification strategy amid volatile global oil markets and seeks to secure stable energy supplies. Trade data indicate the imports rose by double‑digit percentages compared with the previous year.

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