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The Independent UK
The Independent UK
National
Anton L. Delgado and Aniruddha Ghosal

War with Iran chokes flows of oil and natural gas, highlighting energy security risks for Asia

Indonesia US Israel Iran - (Copyright 2026 The Associated Press. All rights reserved.)

Global energy trade is in turmoil as war around the Persian Gulf chokes off oil and natural gas shipments, causing prices to soar.

Asia is the most exposed since it relies heavily on imported fuel, much of it shipped through the Strait of Hormuz, the narrow passageway that carries a fifth of global trade in crude oil and liquified natural gas, or LNG.

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