Commentary: The fragile reopening of Hormuz is no return to normal for Asia
world
The Strait of Hormuz is beginning to reopen after conflict disrupted one of the world's most critical shipping routes. But according to Bernard Aw, chief economist for the Asia-Pacific at Coface, a return to normal will be slow and fragile. That matters for Asia, which depends heavily on stable energy supplies and uninterrupted shipping. The uncertainty surrounding the strait continues to pressure trade flows and energy costs across the region.
Source: https://www.channelnewsasia.com/commentary/iran-war-strai...
Listen to this story
Hear this and more stories in a personalized audio briefing.
Open The Chonkerton