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Asia Faces Energy Crisis Amid Ongoing Iran War

3/18/2026

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Story summary
  • The ongoing war with Iran is driving energy shortages across Asia, prompting fuel rationing.
  • Vietnam and Thailand face rising costs and limited supplies, prompting reduced work hours and energy conservation.
  • In India, shortages affect restaurants and small industries as households receive priority for liquefied petroleum gas (LPG).
  • The European Union is exploring strategies to boost energy security and lower consumer costs, with officials prioritizing support for vulnerable citizens.