Energy-Hungry Asia Is Already Drawing Lessons From Iran Crisis

There is still no lasting peace deal in the Persian Gulf, but energy-hungry Asia is already drawing energy lessons from four months of war: it needs bigger buffers, a greater...

By Yongchang Chin, Kanoko Matsuyama · Bloomberg Markets

There is still no lasting peace deal in the Persian Gulf, but energy-hungry Asia is already drawing energy lessons from four months of war: it needs bigger buffers, a greater diversity of fossil-fuel suppliers, and a better mix of power sources overall.