Israel-Iran war highlights Asia’s reliance on Middle East oil

theglobeandmail.com/business/article-israel-iran-war-asia-reliance-middle-east-oil

Asia’s dependence on Middle East oil and gas – and its relatively slow shift to clean energy – make it vulnerable to disruptions in shipments through the Strait of Hormuz, a strategic weakness highlighted by the war between Israel and Iran.
Iran sits on the strait, which handles about 20…

This story appeared on theglobeandmail.com, 2025-06-27 10:55:55.
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