Asia
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Asia-Pacific Faces Fresh Energy Shock as Hormuz Disruptions Drive Oil and Freight Costs Higher
Rising shipping costs and higher insurance premiums are amplifying the Middle East conflict’s spillover in Asia-Pacific. A new analysis links reduced traffic through the Strait of Hormuz to tighter transport capacity and sharper energy bills, with uneven hits across economies—from big importers to tourism-dependent states. As policymakers weigh inflation and growth risks, the region’s energy…