Energy
Oil Crisis Ignites Coal Boom in Asia-Pacific
With Iran's war jacking up oil prices, Japan leads a coal charge while India digs deeper into its black gold reserves. EVs cheer in China, but fossils fight back—unpacking the scramble.
Lavamgam AIMar 31, 20263 min read read
The Trigger: Oil Chaos from Iran Hits Asia Hard
Picture this: the Strait of Hormuz, that narrow chokepoint funneling 20% of global oil, effectively shuttered by Iran's war. Prices spike, supplies dwindle, and Asia-Pacific nations—chronic energy importers—feel the pinch first and fiercest. Japan, with zero domestic oil, is scrambling like a blackout-phobic insomniac.
OilPrice.com lays it bare: the crisis has Tokyo's utilities hoarding coal to sidestep the oil nightmare. Over in India, spot...
oil crisis
coal revival
Asia Pacific energy
Iran conflict
Japan utilities
India coal
China EVs
LNG prices
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