The war in Iran has already had far-reaching consequences in the Asia-Pacific. The region is highly dependent on Middle Eastern oil, liquefied natural gas and petrochemicals, so the closure of the Strait of Hormuz immediately triggered inflationary pressure, supply chain disruptions and strategic uncertainty. With its strategic stockpiles of crude, China is relatively well-prepared for […]
Why Asia Hopes for a Short Mideast War
The conflict has already exposed structural vulnerabilities that can’t be fixed easily.
