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Global reserves may soften Hormuz supply hit, but oil could surge to $150 if disruption lasts longer

Asian economies are expected to be the most exposed because about 13 mbpd of crude shipments through Hormuz are destined for Asia, including China, India, Japan and South Korea.

March 13, 2026 / 13:49 IST
While the potential supply loss is significant, emergency measures could partially offset the impact. For example, Saudi Arabia’s East–West pipeline could redirect about 4 mbpd of crude that would otherwise pass through the strait.
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