🚨 BREAKING: Asia Most Exposed to Strait of Hormuz Disruptions
New analysis shows that economies are not equally affected by tensions in the Strait of Hormuz, with Asian nations bearing the heaviest risk.
India is reportedly the most exposed, with Hormuz-linked trade making up around 5.3% of its GDP, followed by South Korea and Malaysia at 4.8% each. In comparison, the United States and Russia sit near the bottom at just 0.3%.
The global average exposure stands at around 1.7%, meaning major Asian economies are facing more than three times the global risk. At the same time, rising demand has pushed U.S. crude and petroleum exports to record levels, as energy-dependent regions seek alternative supply.
Source: Econovisuals / energy market analysis