Asia redraws energy security map in anticipation of Hormuz Strait closure
Tensions in the Strait of Hormuz highlight Asia's energy dependency on the Gulf, prompting accelerated diversification plans including strategic reserves, refinery upgrades, and renewable investments.
Asia redraws energy security map in anticipation of Hormuz Strait closure
Al-Eqtisadiah from Riyadh
Sunday, July 5, 2026 19:22 | 1 minute read
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Tensions in the Strait of Hormuz have highlighted the fragility of energy security in Asia, which relies on the Gulf for about 60% of its oil imports, with the majority passing through the strait, one of the world's most important energy chokepoints.
Japan is the most dependent on Middle Eastern oil, importing about 95% of its oil needs from the region, while South Korea relies on the Gulf for about 70% of its oil imports.
India obtains 55% of its oil and nearly two-thirds of its LNG imports from Gulf countries, while China imports about half of its oil needs and one-third of its LNG imports from the Middle East.
These factors have driven Asian countries to accelerate energy diversification plans. India is expanding its strategic reserves, Japan is developing its refineries to accommodate crudes from different markets, Indonesia and Malaysia are increasing reliance on biofuels, alongside expanding investments in renewable energy and American gas.
During the crisis, China was the least affected thanks to its large reserves and extensive investments in clean energy, while other Asian countries had to seek alternative supplies to avoid disruptions.
The moves underscore that the concept of energy security in Asia is no longer limited to securing oil supplies, but now focuses on diversifying import sources, strengthening strategic reserves, and reducing dependence on any single sea lane in preparation for future crises.
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Original source: Aleqtisadiah
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