Commentary: The fragile reopening of Hormuz is no return to normal for Asia
The reopening of the Strait of Hormuz following a US-Iran agreement has provided temporary relief to energy markets, but experts warn that a return to normalcy will be slow. Ongoing geopolitical fragility and unresolved governance issues continue to pose risks to global shipping and energy stability.
Why it matters
The Strait of Hormuz is a critical chokepoint for global oil supply, and its instability directly impacts Asian energy security.
A return to pre-war normalcy in the Strait of Hormuz is likely to be slow. This holds implications for Asia, says Coface chief APAC economist Bernard Aw.
The commentary relies on economic analysis of geopolitical risks rather than taking a side in the conflict.
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