Post by The Soufan Center (TSC)

#IntelBrief: The Spillover Effects of the Iran War on Asia Bottom Line Up Front 🔹 Asia is experiencing shocks and reverberations across multiple economic sectors as a result of the U.S. and Israel’s war with Iran. 🔹 The closure of the Strait of Hormuz is impacting energy, food, and labor markets across South and Southeast Asia. 🔹Japan and South Korea remain highly vulnerable to the ongoing energy crisis produced by the war with Iran. 🔹 The energy crisis provides an opportunity for China to further expand its inroads into Southeast Asian markets, as the need to shift to renewable energy becomes critical. Colin P. Clarke, Ph.D., Nikkie Lyubarsky, Clara Broekaert, Gabriella Tejeda, Julie Chernov Hwang Read more👇 https://lnkd.in/e32TZCP2