Asia looks to store oil, gas closer to home after Strait of Hormuz crisis

Asian economies are racing to build up storage capacity to reduce their exposure to conflict in the Middle East.

Al Jazeera English·September 3, 2026·1 min read

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Asia looks to store oil, gas closer to home after Strait of Hormuz crisis

Asia suffered some of the worst economic fallout when the United States and Israel went to war with Iran six months ago. The region is heavily reliant on Gulf oil and gas that normally flows through… [+6239 chars]

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Asia looks to store oil, gas closer to home after Strait of Hormuz crisis

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