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Singapore remains stable amid Middle East turmoil, avoiding stockpile use despite global gas disruptions.
Singapore has not yet accessed its energy stockpiles and remains stable despite escalating Middle East tensions disrupting global gas supplies, particularly after attacks on Iran’s oil infrastructure and Qatar’s Ras Laffan LNG plant.
The country, which imports nearly all its electricity fuel, faces potential price increases and supply volatility, with recovery from the Ras Laffan damage expected to take three to five years.
Officials warn of ongoing challenges, urging energy conservation and efficiency measures, while preparing to activate Budget 2026 support if needed.
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Singapur permanece estable en medio de la agitación de Oriente Medio, evitando el uso de reservas a pesar de las interrupciones globales de gas.