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Euronews
Euronews
Toby Gregory

Why Asia sits at the centre of the global LNG shock

Global energy trade is in turmoil as war around the Persian Gulf disrupts oil and natural gas shipments, pushing prices sharply higher.

Asia is likely to feel the greatest impact. The region relies heavily on imported fuel, much of it shipped through the Strait of Hormuz — the narrow waterway that carries about a fifth of global crude oil and liquefied natural gas (LNG) trade.

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