How the Middle East Conflict Is Affecting Global Oil Supply
The war involving the U.S., Israel, and Iran has disrupted oil flows through the Strait of Hormuz, one of the world’s most important maritime routes for energy exports. This strait normally handles about 20% of global oil supply.
Because of this:
🔹 Many Asian countries like Pakistan, Vietnam, and India — which import most of their fuel from West Asia — are facing higher prices and supply challenges.
🔹 Even nations farther away, such as in Europe or Southeast Asia, are seeing rising energy costs as markets adjust to the disruption.
Experts warn that if the disruption continues, the effects could be longer-lasting and felt across industries, not just transportation.