# @bazaartimes on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DWWsJVdAtjv
- **Gondola URL:** https://gondola.cc/posts/61778634-bazaartimes-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/8000e42904.jpg
- **Posted:** 2026-03-26T16:35:38.000+00:00
- **Account Owner:** Bazaar Times (@bazaartimes) — https://gondola.cc/bazaartimes

## Caption

Disruptions to #energyshipments through the Strait of Hormuz are creating significant risks for #China and other #Asianeconomies, as escalating geopolitical tensions in the region severely impact global supply routes.
Recent developments following escalating conflict involving Iran have led to a sharp decline in maritime traffic through the strategic waterway.

Data indicates that between March 1 and March 24, only 149 vessels passed through the Strait, marking a 95% drop in traffic compared to pre-conflict levels. Security concerns and uncertainty have forced many tankers to reroute, disrupting energy shipments.

The Strait of Hormuz is one of the world’s most critical energy corridors, handling roughly:

25% of global oil trade
20% of liquefied #naturalgas (LNG) trade
30% of global fertilizer shipments
The disruption poses a serious challenge for Asian economies that rely heavily on energy imports from the Gulf region.

China and India import nearly half of their oil and gas from the region
Japan sources about 90% of its oil from the Gulf
South Korea depends on the region for around 70% of its oil needs
Many Southeast Asian nations are also highly dependent on Middle Eastern energy supplies.

## Stats

- **Views:** 0
- **Likes:** 18
- **Shares:** 0
- **Comments:** 0

## Tags

naturalgas, china, asianeconomies, energyshipments

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