×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Monday
16
Mar 2026
weather symbol
Athens 11°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> World

Asian countries are the biggest losers from fuel transport disruptions

Several states are considering using their strategic reserves to mitigate the impact of energy market disruptions—China does not feel secure either

Newsroom March 16 01:30

Asian countries appear to be the most affected by problems in the distribution of oil and natural gas, especially those that rely heavily on energy imports from the Middle East and have limited strategic reserves.

Miyu Su, senior crude oil analyst at the energy market data and analysis firm Kpler, told Al Jazeera that the biggest “losers” from the crisis are “all Asian countries, particularly those highly dependent on the Middle East but with relatively low reserves, such as Southeast Asian countries like Thailand and Vietnam.”

She explained that several countries are considering tapping into their strategic reserves to limit the consequences of the disruption on the energy market.

Not Enough If the War Lasts More Than a Month

She noted that South Korea and Japan plan to release some of their oil reserves, but warned that this measure would not be sufficient in the event of a prolonged conflict. “It won’t be enough if the war lasts more than a month,” she said.

>Related articles

Mojtaba Khamenei escaped death by seconds: As missiles were hitting his father’s palace, he had stepped out into the garden

New York Post: Trump laughed for days when he learned that Mojtaba Khamenei might be gay, rumors of his relationship

A damaged Russian tanker carrying thousands of tons of LNG is drifting uncontrolled in the Mediterranean: It is approaching the coast of Malta, watch the video

The situation is similar for China, despite the country having substantial reserves. According to the analyst, Beijing maintains about 1.3 billion barrels of crude oil in onshore storage.

However, even with these reserves, China would still need alternative sources to immediately cover any potential supply gap.

“Even for China—which today has 1.3 billion barrels of crude oil in onshore reserves—there is a need for a solution to immediately cover the gap, and right now there really isn’t a candidate that can do that,” Su emphasized.

Ask me anything

Explore related questions

#Asia#china#fuel#Transport#world
> More World

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Heated exchange between Papastavrou and Sweden’s energy minister over European power grids at the Council of Ministers

March 16, 2026

Reuters: daily oil production from the United Arab Emirates down over 50%

March 16, 2026

General blackout in Cuba, over 10 million people without electricity

March 16, 2026

Mojtaba Khamenei escaped death by seconds: As missiles were hitting his father’s palace, he had stepped out into the garden

March 16, 2026

Military Exercises with “Kimon,” Patriots, and Drones

March 16, 2026

In a studio in Menidi, Brad Pitt for the filming of his movie: An artificial storm scene was set up for The Riders

March 16, 2026

New York Post: Trump laughed for days when he learned that Mojtaba Khamenei might be gay, rumors of his relationship

March 16, 2026

Green light from the competent parliamentary committee for the upgrade of F-16s and the “Achilles’ Shield”

March 16, 2026
All News

> Travel

Everything that happened at the Travel.gr Greece Talks conference – What Hatzidakis, Pierrakakis, Dimas and tourism professionals said

The Travel.gr Conference

March 13, 2026

Hydra in a day – A timeless seaside escape

February 18, 2026

Kimolos wins over International Media: “A hidden gem waiting to be discovered”

August 28, 2025

French Vogue discovers the exotic beauty of Skopelos

August 28, 2025

Naxos tops the list of Greek kitesurfing destinations for 2025

July 9, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα