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3:48 pmIndia condemns ‘heinous’ attack that killed 8 in Jordan church, reaffirms ‘fight against terrorism’
3:44 pmCourts cannot be unmindful when precious water bodies remain unprotected: SC
3:44 pmMIT’s paper-thin robot swims with power from living cells
3:42 pmPriti Adani Calls For Closer Industry-Academia Ties To Build India's Semiconductor Talent
3:41 pmResidents block road seeking removal of tree in Gobichettipalayam
3:40 pmRay of hope for drought-hit Telangana as low pressure over Bay of Bengal likely to bring heavy rain
4:24 pmNeha Bora refuses to sign peace bond, questions curbs on dissent
4:18 pmAmit Shah reaches Delhi Police headquarters to take stock of law & order in capital
4:18 pmNew bus terminal at Uppal to be ready in 100 days
4:16 pmVaranasi Air Show: Rafale, Chinook thrill spectators with aerial manoeuvres over Ganga
4:11 pmTiger Shroff's shooters received real-time updates, instructions based on media coverage
SponsoredPut your announcement in this ticker from ₹69/day
4:01 pmPrime accused are being spared without questioning, remarks Kerala HC on PSC exam irregularities case
3:57 pm1 Killed As Massive Fire Engulfs 5 Shops In Noida
3:50 pm'Failed As Chief Minister, Brother': Chandrababu Naidu Attacks Jagan Reddy
3:48 pmIndia condemns ‘heinous’ attack that killed 8 in Jordan church, reaffirms ‘fight against terrorism’
3:44 pmCourts cannot be unmindful when precious water bodies remain unprotected: SC
3:44 pmMIT’s paper-thin robot swims with power from living cells
3:42 pmPriti Adani Calls For Closer Industry-Academia Ties To Build India's Semiconductor Talent
3:41 pmResidents block road seeking removal of tree in Gobichettipalayam
3:40 pmRay of hope for drought-hit Telangana as low pressure over Bay of Bengal likely to bring heavy rain

Business

Asia Needs $1 Trillion a Year to Secure Energy Supplies

Reported by Oil Price 23 Oct 2026, 1:30 am IST 1 min read

Image: Oil Price. Rights remain with the publisher.

Asia will need as much as $1 trillion annually in energy investment over the next 15 years to meet rising demand and reduce its exposure to supply disruptions, according to a McKinsey report released Thursday. That amounts to $15 trillion through 2040, with the Iran war exposing just how vulnerable the region remains to disruptions in oil and gas shipments through the Strait of Hormuz. McKinsey now expects Asian energy demand to reach 370 million terajoules by 2040, a 15% increase over its forecast from just a year ago.

The region is expected to…

Read the full report on Oil Price

Story file

Section: Business
Topics: Economy & RBI
First reported by: Oil Price
Reporter: julianne geiger
Published: Friday, 23 October 2026, 1:30 am IST
Coverage: One outlet so far

How this page works. The Headline Update lists this report from Oil Price with a short summary and a link to the original. The original reporting and photograph belong to the publisher. Spotted an error in our summary? Tell our corrections desk.