The Digester

Disruptions from the Iran conflict are tightening oil and gas supplies to Asia, pushing prices up, straining trade routes and forcing governments from New Delhi to Tokyo to adjust energy and diplomatic strategies.

Oil and gas flows from West Asia have been disrupted, raising tanker insurance costs and shipping delays.
Crude futures and regional fuel prices have increased, adding inflationary pressure across Asian economies.
India and other Asian importers rely heavily on Gulf and Iranian shipments for crude and LNG, limiting near-term alternatives.
Governments are releasing reserves, rerouting purchases, and speeding up diversification to other suppliers and renewables.
Markets and trade face short-term volatility that could slow growth and raise consumer energy bills.
India is mentioned as a possible mediator but faces diplomatic and strategic limits because of its ties to Gulf states, Iran and Western partners.

Asia squeezed as Iran war disrupts energy supplies

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