The global energy trade is facing significant disruptions due to war in the Persian Gulf, leading to sharp increases in oil and natural gas prices, particularly affecting Asia. The region heavily relies on LNG imports, especially through the Strait of Hormuz. Analysts warn that the crisis is exacerbated by existing market conditions, with gas prices potentially rising by 50%. Countries like China and India, as major energy consumers, are particularly vulnerable to these price spikes. The situation may lead to wider economic risks, including inflation and potential recession. Teljes cikk (Euronews.com)