There is still no lasting peace deal in the Persian Gulf, but energy-hungry Asia is already drawing energy lessons from four months of war: it needs bigger buffers, a greater diversity of fossil-fuel suppliers, and a better mix of power sources overall.<\/p>\n
Flows of oil and natural gas have been returning to normal and prices have tumbled since an interim U.S.-Iran accord was signed last month that pried open the Strait of Hormuz, relieving the immediate sense of crisis.<\/p>\n
But the consequences of the historic shock still stand to be far-reaching. Policymakers are recalibrating their energy priorities \u2014 and nowhere more so than Asia, a key consuming region for Middle Eastern oil and gas.<\/p>\n","protected":false},"excerpt":{"rendered":"There is still no lasting peace deal in the Persian Gulf, but energy-hungry Asia is already drawing energy…\n","protected":false},"author":2,"featured_media":524627,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,1435,85,207,1445,46,14989,38087,12437,2252,114994,1348,3793],"class_list":["post-524626","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-energy","tag-il","tag-india","tag-indonesia","tag-israel","tag-japanese-economy","tag-lng","tag-malaysia","tag-singapore","tag-strait-of-hormuz","tag-thailand","tag-trade"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/524626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=524626"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/524626\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/524627"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=524626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=524626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=524626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}