Asia Intelligence Brief — 2 March 2026

2026-03-02 - 19:43

What matters today 1 Iran war enters day three — Strait of Hormuz de facto closed as insurers withdraw; 84% of crude transiting strait heads to Asia; Brent surges 9% to ~$79/bbl; four vessels struck in Gulf waters; 20% of global oil and 22% of global LNG at risk; China, India, Japan, South Korea face