Hormuz Shut As Iran, US Launch Missiles: Suez Canal Now Asia's Last Lifeline As 'Oil Bomb' Looms?

The Strait of Hormuz is under severe disruption, while Houthi threats in the Red Sea are putting the Bab al-Mandeb chokepoint at risk. As Saudi oil tankers reverse course, attention has shifted to the Suez Canal as Asia's potential last energy lifeline. Can the Suez Canal prevent a global oil shock, or are soaring crude prices and supply disruptions now inevitable? Here's what the Hormuz crisis, Bab al-Mandeb tensions, and the race to secure Asia's oil supply mean for India, China, Japan, South Korea, and the global economy.

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