Iran conflict triggers Asia energy panic as Gulf supplies dry up

1 min read
Source: The Economist
Iran conflict triggers Asia energy panic as Gulf supplies dry up
Photo: The Economist
TL;DR

Brent crude has surged above $100 as seaborne Gulf oil exports stall amid the Iran–Israel conflict, pushing up petrol and natural-gas prices and triggering an energy panic across Asia that threatens regional growth and inflates costs as Gulf supply constraints ripple through global markets.

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