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Home News World

US–Israeli War With Iran Sparks Fuel Panic Across Asia

Celestine Umunnakwe by Celestine Umunnakwe
March 12, 2026
in World
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The ongoing conflict involving the United States, Israel and Iran has triggered widespread fuel concerns across parts of Asia, as disruptions to Middle Eastern energy supplies rattle global markets.

Countries across the region, many of which rely heavily on oil and gas imports from the Gulf, are facing rising prices and fears of shortages as the war threatens shipments through the vital Strait of Hormuz — a route that carries about one-fifth of the world’s crude supply.

In several Asian nations, panic buying has been reported at fuel stations while governments scramble to secure supplies and implement contingency measures. Pakistan, for instance, has experienced long queues at petrol stations and a sharp increase in fuel prices after supply disruptions linked to the conflict.

Elsewhere, authorities in major economies such as China, Japan and South Korea have begun preparing emergency responses, including drawing on strategic oil reserves and tightening market controls to cushion the impact of rising global energy prices.

The crisis follows escalating military strikes and retaliatory attacks in the region, which have shaken shipping routes and energy infrastructure. Analysts warn that prolonged instability could further strain fuel supplies and push oil prices higher, intensifying economic pressure across energy-dependent Asian economies.

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