Iran War Spurs Asia Interest in Importing US Energy, Burgum Says

The Mideast war’s disruption of oil and gas flows is prompting new interest from Asian countries in importing more energy from the US, Interior Secretary Doug Burgum said.

“They’re looking to diversify their energy supplies,” Burgum told Bloomberg at the end of two days of talks with Asian-Pacific nations in Tokyo.

The near-closure of the Strait of Hormuz — which provides passageway for roughly a fifth of the world’s oil and gas supplies — and the suspension of the world’s largest liquefied natural gas export facility in Qatar provided an undeniable backdrop for the discussions at the inaugural Indo-Pacific Energy ...