Asia Intelligence Brief — Wednesday, July 15, 2026

Rio Times · Asia Intelligence Brief July 15 Asia Intelligence Brief July 15 — Key Facts —Japan’s oil shock Japan triggered mandatory fuel rationing for the first time since the 1970s after declaring a petroleum supply emergency. —Seoul market crash South Korea’s KOSPI index plunged 12.3 percent, forcing regulators to ban short-selling for the first time since 2020. —India-Pakistan airstrikes Indian Air Force jets conducted cross-border airstrikes on Pakistan after a rocket attack killed two Indian soldiers in Jammu. —Tanker seizure Iran’s Revolutionary Guard seized a South Korean supertanker carrying two million barrels of crude in the Strait of Hormuz. —North Korea threat Kim Yo-jong warned Pacific fleet sharks will not be safe, signalling an imminent submarine-launched missile test. —Tai