From its most resilient countries to the most vulnerable, the region is uniquely dependent on energy flowing through the Strait of Hormuz. Illustration: Mountain PeopleAbout 90 percent of the oil and 83 percent of the liquefied natural gas that normally pass through the Strait of Hormuz are bound for Asia, Balakrishnan said. “Right now the closure of the Strait of Hormuz is, in a sense, an Asian crisis,” he added. The political fallout is already becoming difficult to contain, and it is likely to intensify, with Houthi involvement raising the risk of trade disruptions in the Red Sea, another critical artery for Asian energy supplies. The Strait of Hormuz crisis has exposed a fundamental weakness: Asia is being forced to absorb the costs of a conflict far outside its control.

Source: Taipei Times April 02, 2026 17:47 UTC