CNA Explains: Why Asia will bear the economic brunt of the Iran war
In addition to oil, nearly 90 per cent of liquefied natural gas (LNG) exported through the Strait is also bound for Asian markets, which accounted for around 27 per cent of Asia’s total LNG imports that year. Bangladesh, India and Pakistan imported almost two-thirds of their total LNG supplies via the Strait of Hormuz in … Read more