Asia

Asian nations adopt emergency measures in wake of US-Israel war on Iran

Asian nations adopt emergency measures in wake of US-Israel war on Iran
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Asian nations implement emergency measures, including remote work, fuel rationing, and export curbs, as Iran war disrupts global energy supplies.

Asian countries are taking unprecedented steps to mitigate the energy crisis caused by the war in Iran and the closure of the Strait of Hormuz. The conflict, triggered by US and Israeli strikes on February 28, 2026, has disrupted oil shipments, leading to soaring fuel prices and supply shortages across the region.

Singapore, fully reliant on imported crude, and the Philippines, 95% dependent on imports, are among the hardest hit. Other nations, including Thailand, Vietnam, and Malaysia, have experienced sharp price increases; the Philippines reported gasoline up 54.2% and diesel 81.6%, while Myanmar saw 55.4% and 76.9% rises respectively.

Governments have introduced a variety of measures. China suspended diesel and gasoline exports, imposed retail price controls, and accelerated investment in alternative energy sources, including hydropower and nuclear expansion. Thailand adopted remote work policies, restricted private vehicle use, and set air conditioning limits for public offices. Japan released strategic oil reserves and temporarily expanded coal-fired power generation, while South Korea capped domestic fuel prices and increased nuclear power usage.

Smaller economies have also responded. Sri Lanka implemented QR-code fuel rationing, Pakistan introduced a four-day workweek and remote education, and Myanmar restricted car use with license plate rules. Vietnam and Bangladesh urged remote work and efficient electricity use, while Malaysia and Indonesia limited public sector travel and subsidized fuel. The Philippines declared a national energy emergency and restricted nonessential travel. Taiwan offered fuel tax cuts and targeted subsidies for agriculture and fisheries.

Analysts warn that the crisis could have long-term economic consequences, affecting transport, manufacturing, and public services. Governments continue negotiating alternative crude supplies and expanding renewable energy options to stabilize markets.

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