As of early 2026, Asian economies are the primary consumers of Middle Eastern energy. Approximately 84% of crude oil and 83% of liquefied natural gas (LNG) that passes through the Strait of Hormuz is destined for Asian markets.
As of early 2026, Asian economies are the primary consumers of Middle Eastern energy. Approximately 84% of crude oil and 83% of liquefied natural gas (LNG) that passes through the Strait of Hormuz is destined for Asian markets.