Since the US and Israel launched their attacks on Iran on Feb. 28, global energy markets have been frenetic, prices swinging up and down with each new headline. Even with the prospect of the Strait of Hormuz reopening, prices of oil and gas have risen around the world, and we’re starting to see impacts on local economies, particularly in Asia. This week on Zero, Bloomberg opinion columnist David Fickling explains what those impacts are, and how they may reshape Asia’s energy systems for decades to come. 

Explore further:

• Iran War: The LNG Shock Isn’t Driving Asia Back to Coal - Bloomberg
• Iran War: Expensive Oil Is EV Makers' Best Sales Pitch - Bloomberg
• Iran War: A Country Fueled by Subsidized Diesel Is Running Dry - Bloomberg

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