Why Southeast Asia Is Turning to Russia for Fuel During the Iran War

Why Southeast Asia Is Turning to Russia for Fuel During the Iran War

Southeast Asia is turning to Russia because the Iran war has disrupted energy and fertilizer supplies from the Middle East, leaving governments desperate for alternatives. The Guardian reported that countries from Jakarta to Manila are looking to Russia to plug fuel and fertilizer gaps caused by the conflict, even as the European Union warns that … Read more

Why the Strait of Hormuz Still Has the Power to Rattle the Whole Global Economy

Why the Strait of Hormuz Still Has the Power to Rattle the Whole Global Economy

The Strait of Hormuz matters because it is not just another shipping lane. It is one of the world’s most important energy chokepoints, and any disruption there quickly hits oil prices, freight costs, factory input prices, and inflation expectations. Reuters reported this week that around 20% of global oil and LNG transport is tied to … Read more