Hormuz crisis a chance to spur Asia’s shift to clean, secure energy

South China Morning Post South China Morning Post —

The war in the Gulf has hit Asian economies hard.

The shock to global energy supplies is driving up fuel prices, threatening energy shortages and has the potential to cause economic stagnation and inflation.

In response, governments across the region have been implementing emergency policy measures to shield their citizens from rising prices and job losses and to maintain economic growth.
Vietnam has temporarily suspended some fuel taxes, while the Philippines has declared a state of national...

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