LeadStory

France 24

Asia hit hard by disruptions to energy markets

France 24 · Older
France 24
France 24
Older

In the fourth week of the war in the Middle East, countries grappling with fuel shortages have been offered little reprieve. In Asia, countries are particularly vulnerable to disruptions as they are dependent on energy supplies from the Persian Gulf.

Breakdown
  • Surging fuel prices halt over 40% of Thailand's fishing fleet 22s
  • Nearly 90% of oil and gas via Strait of Hormuz is bound for Asia 33s
  • Vietnam cancels flights and cuts fuel taxes amid supply constraints 45s
  • India and Myanmar introduce tax cuts and fuel-saving measures 1m 0s
  • Analysts warn the crisis may worsen if the Strait remains closed 1m 40s
EnergyEconomyMilitary & Conflict