Iran war impact on Asia

The war on Iran is sending shockwaves through the global economy, but nowhere are the effects more immediate and severe than in Asia. Governments across the region are scrambling to secure supplies, while businesses and households face rising costs. In some countries, shortages have already sparked panic buying and even social unrest. This is not just a temporary crisis—it could reshape growth, inflation, and long-term energy strategies across Asia. How vulnerable are Asian economies to this shock? Which countries will be hit hardest, and who might adapt? Could this crisis accelerate a deeper transformation in Asia's economic model?