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Opinion / Pengangkutan & Logistik
Vietnam has limited room for manoeuvre on the energy front as supply tightens, but is proactively playing the hand it has been dealt.
While the rest of the world is mainly concerned about the energy disruptions caused by the Iran war, the Gulf countries are more anxious about the Islamic Republic’s threats to their desalination facilities. If the US attempts to seize Kharg Island, it could spell disaster for the region's "saltwater kingdoms."
If the current war creates a prolonged oil crisis, there will be more downward pressure on oil use – and an equal acceleration in China of electric car production at home, with an associated surge in exports.
Makanan & Pertanian
The war in Iran could create a fertiliser shock, risking global food prices and farming
Around a third of globally traded urea passes through the Strait of Hormuz and importing countries are less self-sufficient than they appear.
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