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Strait of Hormuz Energy Supply at Risk: Report Predicts Major Crisis for Asian Nations
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Strait of Hormuz Crisis: Asian Nations Face Major Oil & Gas Supply Threat
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CNBC Awaaz
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02-03-2026, 20:23
Strait of Hormuz Crisis: Asian Nations Face Major Oil & Gas Supply Threat
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Zero Carbon Analytics report warns Asian countries of high risk from Strait of Hormuz oil and gas supply disruptions.
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Japan, South Korea, India, and China identified as most vulnerable to potential supply shocks.
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Strait of Hormuz is a critical 'chokepoint' for 20% of global oil and LNG, connecting Persian Gulf to Arabian Sea.
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China, India, Japan, and South Korea import 75% of oil and 59% of LNG passing through this waterway.
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Japan and South Korea are highly dependent on imported fossil fuels, making them more susceptible to disruptions.
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