Asia is highly exposed to the Iran War energy shock:

The Philippines and Vietnam source ~95% and ~90% of their crude oil imports from the Middle East.

This is followed by Singapore, South Korea, Taiwan, Malaysia, and Thailand, each importing ~70% from the region.

India and China, the two largest oil buyers in Asia, rely on the Middle East for ~55% and ~50% of their crude imports, respectively.

By contrast, EMEA nations like Turkey, South Africa, Tunisia, and Central and Eastern Europe import less than 20% of their oil from the region.

Asia&#39;s energy crisis is rapidly accelerating.

Asia is highly exposed to the Iran War energy shock:

The Philippines and Vietnam source ~95% and ~90% of their crude oil imports from the Middle East.

This is followed by Singapore, South Korea, Taiwan, Malaysia, and Thailand, each importing ~70% from the region.

India and China, the two largest oil buyers in Asia, rely on the Middle East for ~55% and ~50% of their crude imports, respectively.

By contrast, EMEA nations like Turkey, South Africa, Tunisia, and Central and Eastern Europe import less than 20% of their oil from the region.

Asia's energy crisis is rapidly accelerating.