Asian Nations Adapt to Fuel Crisis: Sri Lanka, Pakistan, Japan Responses
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Hormuz Chokehold Halts Asia's Breath, India Shines Amidst Energy Crisis
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News18•27-03-2026, 18:26
Hormuz Chokehold Halts Asia's Breath, India Shines Amidst Energy Crisis
•The closure of the Strait of Hormuz, vital for 80% of Asia's oil trade, has triggered a severe energy crisis across several Asian nations.
•Countries like Sri Lanka, Pakistan, and the Philippines are re-implementing COVID-era restrictions, including online schools/offices, reduced workweeks, and fuel rationing.
•Sri Lanka declared Wednesday a public holiday to save fuel, while Pakistan implemented a four-day work week and cut fuel allowances.
•The Philippines declared a National Energy Emergency, imposing strict AC restrictions and suspending toll taxes.
•India, along with Russia and China, received full exemption from Iran for oil tanker movement, showcasing its diplomatic success and diversified energy strategy.