Asia depends on Middle Eastern oil for 60 percent of its crude imports — making it highly vulnerable to the Iran war’s threat of a prolonged Strait of Hormuz closure. Middle Eastern oil production powers the world’s fastest-growing energy region, while Middle East oil history explains how this dependency was built over more than a century. With war raging and tankers already rerouting or halting, the world is asking how Asia became so reliant on this single volatile region — and whether it can ever break free. Background: Middle East…
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