Hormuz Disruption: Oil Could Surge to $150; Reserves Offer Cushion, Asia Most Exposed

• Disruption in Strait of Hormuz could push crude prices to $110-$150 per barrel if it lasts 4-8 weeks, despite global reserves.
• The Strait, a critical energy chokepoint, carries nearly one-fifth of global oil supply; 15 mbpd of crude exports could be affected.
• Strategic reserves (China, Japan, S. Korea, US) and Saudi Arabia's East-West pipeline could partially offset supply losses.
• Asian economies, receiving 13 mbpd via Hormuz, are most exposed, potentially facing higher freight costs and longer shipping times.
• India's crude supply may be manageable, but LPG could face shortages if the crisis persists, impacting households and restaurants.