Leaders gather for 48th ASEAN Summit retreat session

Southeast Asian leaders converge at the Shangri-La Mactan in Cebu on May 8, 2026, for the 48th ASEAN Summit retreat session, the second of two meetings. Leaders are expected to exchange views on how the bloc is to manage the impact of oil shocks because of geopolitical tensions, and the lessons that ASEAN member states have learned from managing the impact of the United States and Israel’s war on Iran.