Asian economies are firing up coal plants and increasing production to reinforce energy supplies as fears of a protracted war in the Middle East raise the threat of long-term disruption to oil and gas flows.
The region leads the world in liquefied natural gas imports — chiefly by China, Japan, South Korea and India — and many Asian countries are heavily dependent on the Strait of Hormuz, the critical Gulf waterway through which shipping has slowed to a near standstill since the US and Israel launched strikes on Iran.
The war has sent oil and gas prices soaring and spurred a global energy shock that has sent many countries across the region to lean more heavily on coal as they struggle to secure energy supplies.
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