🚨 Breaking News: Iran threatens to close the Strait of Hormuz, sending Asian markets plummeting.
South Korea's KOSPI: -6%
Japan's Nikkei: -4%
85% of liquefied natural gas (LNG) is transported to Asia via the Strait of Hormuz, with no alternative routes.
Asia is in a state of panic because it lacks the diverse energy alternatives available to Europe.
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