Nikkei Asia
AsiaPac · 34 mins ago
How the US-Iran war has redrawn Asia's energy map
Iran warHigher oil imports from Russia, US have partially offset fall in total shipmentsFor decades, the Strait of Hormuz has been Asia's energy lifeline. In February, almost 85% of Asia's oil imports transited the narrow waterway, while for LNG it was about 28%. © ReutersSHOTARO TANIAugust 6, 2026 17:25 JSTTOKYO -- Just over five months since the start of the U.S. and Israel's war against Iran, Asia's sourcing of oil and liquefied natural gas has shifted substantially -- with Washington and Moscow so far emerging as main beneficiaries. As ceasefire talks and the future of free transit through the Strait of Hormuz continue to hang in the balance, the current supply chain picture speaks not only to how the region's economies have adapted, but to a potentially durable realignment and shift i
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