Strait of Hormuz disruption ‘systemic shock’ threatening SE Asia: ERIA

The Strait of Hormuz disruption is a systemic shock threatening Southeast Asia’s energy security and economic stability, a report by Economic Research Institute for ASEAN and East Asia said.
Flagging cascading impacts across key sectors beyond energy markets, it cautioned that these combined pressures could lead to slower economic growth, rising inflation and financial instability across the region.