#oil-and-gas-supply-chain

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#energy-security #strait-of-hormuz #asian-energy-dependency #fuel-price-volatility
World news
fromFortune
1 day ago

Asia faces an energy shock from the Iran war and a closed Strait of Hormuz, as governments halt exports and draw down stockpiles | Fortune

Iran's Strait of Hormuz closure threatens Asia's fuel security as the region depends heavily on Gulf oil and gas, with 20% of global oil trade and one-fifth of LNG passing through daily.
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