Natural gas and other conventional fuel imports will rise after Japan's nuclear disaster. Asian exporters of natural gas, coal, and oil should see the biggest boost.
Indonesia, Malaysia, and Singapore raised terror alert levels after a tip-off that terrorists are planning to attack vessels in the Malacca Strait. The threat hasn't prevented millions of barrels of oil from being shipped through the strait daily.
OPEC's only Asian member, it has failed to meet its production quota and is quitting the cartel this year.