Strait of Hormuz Blockade Triggers Asian Aviation Fuel Emergency

The US-Iran conflict has halted shipping through the Strait of Hormuz, triggering an acute jet fuel crisis across Asia. Prices have surged past $200 per barrel—more than double pre-war levels—while Brent crude has climbed roughly 50% to $108.65. China, South Korea, and Thailand have imposed export restrictions on refined products, forcing import-dependent nations like Vietnam and Australia into emergency rationing. Airlines have cancelled thousands of flights, and regional governments are scrambling to secure strategic reserves. The crisis exposes structural vulnerabilities in Asian energy supply chains and foreshadows broader disruptions if the conflict persists.

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