Hormuz Shockwaves: The Iran War’s Escalating Energy-to-Food Risk Chain in Southeast Asia
The Diplomat document argues that the Iran war is transmitting a major energy shock into Southeast Asia via Hormuz disruption, rapidly lifting oil, diesel, and fertilizer costs. It warns of a path-dependent escalation from fuel shortages to inflation and fiscal strain, with potential downstream risks to food affordability and social stability if disruption persists.