Asia Braces for a Second Wave of Energy Shocks from the Iran War
An employee pumps gasoline into a customer's motorbike at a gas station in Hanoi, Vietnam, 04 May 2026. (EPA) Asia's first defenses against energy shocks from the Iran war are running short and a more consequential second wave of impacts is beginning to hit. When the war started, governments scrambled to adapt to the closure of the Strait of Hormuz,…
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