Asia braces for second wave of Iran war energy shocks

Asia's initial measures to counter energy shocks from the US-Israel war against Iran are depleting as the conflict continues. Governments made trade-offs such as saving power, prioritizing gas for households, and using stockpiles, but war persistence is causing rising airfare, shipping, and utility costs. The United Nations Development Programme warns that 8.8 million people risk poverty and the Asia-Pacific region may face $299 billion in economic losses.

Asia's initial measures to counter energy shocks from the US-Israel war against Iran are depleting as the conflict continues. Governments made trade-offs such as saving power, prioritizing gas for households, and using stockpiles, but war persistence is causing rising airfare, shipping, and utility costs. The United Nations Development Programme warns that 8.8 million people risk poverty and the Asia-Pacific region may face $299 billion in economic losses.

Asia's initial measures to counter energy shocks from the US-Israel war against Iran are depleting as the conflict continues. Governments made trade-offs such as saving power, prioritizing gas for households, and using stockpiles, but war persistence is causing rising airfare, shipping, and utility costs. The United Nations Development Programme warns that 8.8 million people risk poverty and the Asia-Pacific region may face $299 billion in economic losses.

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