Reshaping the economic map of Asia under the shadow of war
--------------------------------------------------------------------
Source: The Manila Times
Published: 2026-05-15 02:01 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Defence, Middle East, Military & Defence, South Korea, Energy, Economy & Finance, India, Business & Economy, War & Conflict, Asia Pacific
--------------------------------------------------------------------
Snippet:
THE closure of the Strait of Hormuz on March 4, 2026, was not merely a localized military maneuver; it was the moment the “Asian Century” hit a wall of physical reality. With Brent crude surging past $120 per barrel and liquefied natural gas (LNG) spot prices in Asia jumping by over 140 percent, the conflict has metastasized into a systemic shock for the Asia-Pacific.
--------------------------------------------------------------------