Editor’s Choice: Asia Inc. must brace for a reality where energy shocks persist

Akito Tanaka shares his weekly reflections and recommendations From right, Didi Global Strategy Department Partner Joanne Xu, Didi Global Director Ryuji Tomoe, Toyota Motor Asia CEO Masahiko Maeda and SCG CEO Thammasak Sethaudom take part in a panel discussion at Nikkei Asia Forum APAC 2026 in Bangkok on July 16. Nikkei Asia Editor-in-Chief Akito Tanaka, the moderator, is at far left. (Photo by Akitoshi Sugiura) Hello from Tokyo. Last week, I visited Bangkok to moderate Nikkei Asia Forum APAC 2026, an international conference hosted by Nikkei. During a panel discussion featuring Asian business leaders, one comment that particularly stood out came from Thammasak Sethaudom, president and CEO of SCG. Rather than viewing the current energy crisis as a temporary shock, he argued that it requires a long-term, structural response. With tensions between Iran and the United States worsening, it's becoming increasingly clear that it'll take a much longer time for the Strait of Hormuz, a vital artery for energy exports to Asia, to return to pre-crisis conditions. The SCG chief said he is seeing a structural shift in global energy supply and stressed that all companies need to diversify their energy sources.

Read the full article at the source →