Middle East war threatens Taiwan chip industry: BloombergBy Sam Garcia / Staff writer, with CNATaiwan has secured more than half of its liquefied natural gas (LNG) needs for May and crude oil supply through April, ensuring a steady power supply to support its semiconductor industry, which is threatened as the war in the Middle East stretches into a third week, Bloomberg News reported on Monday. Taiwan relies heavily on imports for its fuel, and its LNG reserves are only sufficient for 11 days, leaving it “especially vulnerable to supply disruptions,” Bloomberg said. For Taiwan, the key risk channel is not only oil prices, but physical gas availability, pricing, and delivery timing,” Goldman Sachs analysts told Bloomberg. It also secured crude oil for this month and next month, and is working on May shipments, he added. “Semiconductors is Taiwan’s strategic industry, we will make sure that the power supply to chip plants is stable,” he told Bloomberg.

Source: Taipei Times March 18, 2026 08:30 UTC