Geopolitics has shifted from being background noise to a constant factor shaping business decisions. From US–China competition to changing global power structures, companies in Asia are navigating a far more fragmented and unpredictable world. Lynlee Foo speaks with Nicholas Redman, Director of Analysis at Oxford Analytica (a Dow Jones affiliate), to unpack how these geopolitical shifts are affecting Asia’s energy security, trade flows, and corporate risk planning, and the key signals business leaders should watch in the year ahead.