Iran War Holds Trade Implications for Southeast Asia

Author: Stephen Olson

Published: 24 Mar 2026

 

The economic fallout of the war, coupled with Trump’s self-preservation instincts, could induce a partial climbdown on tariffs—but Section 301 and other tariffs are under way and might endure.

The war in Iran continues to unfold in destructive ways that are only magnified by uncertainties over the duration, intensity, and scope of the hostilities. Southeast Asia is confronting many of the same threatening possibilities that other regions face: disrupted energy supplies, spiking oil and LNG prices and fueling inflation, slowing growth rates, higher shipping costs, extreme volatility, and dampened investor sentiment. 

 

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https://fulcrum.sg/iran-war-holds-trade-implications-for-southeast-asia/

 

The article was published by ISEAS.

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The opinions expressed in this article are the author’s own and do not necessarily reflect the official policy, position or view of IRSEA