The Japan Times - Asian countries most vulnerable to Strait of Hormuz blockade

EUR -
AED 4.315152
AFN 77.708509
ALL 96.852138
AMD 448.491142
ANG 2.103707
AOA 1077.46608
ARS 1692.867744
AUD 1.766731
AWG 2.114983
AZN 1.996065
BAM 1.958827
BBD 2.365606
BDT 143.531799
BGN 1.957646
BHD 0.442923
BIF 3471.553207
BMD 1.174991
BND 1.516883
BOB 8.115541
BRL 6.345419
BSD 1.17454
BTN 106.215586
BWP 15.56238
BYN 3.462451
BYR 23029.817846
BZD 2.36217
CAD 1.617428
CDF 2631.978985
CHF 0.93526
CLF 0.027299
CLP 1070.885484
CNY 8.288974
CNH 8.27372
COP 4466.84467
CRC 587.522896
CUC 1.174991
CUP 31.137254
CVE 110.435656
CZK 24.285177
DJF 209.15766
DKK 7.470444
DOP 74.667289
DZD 152.34334
EGP 55.789738
ERN 17.624861
ETB 183.52108
FJD 2.648192
FKP 0.879185
GBP 0.877671
GEL 3.168367
GGP 0.879185
GHS 13.482835
GIP 0.879185
GMD 85.774311
GNF 10213.261358
GTQ 8.995863
GYD 245.719709
HKD 9.144171
HNL 30.922442
HRK 7.532747
HTG 153.951832
HUF 385.151393
IDR 19592.088787
ILS 3.766621
IMP 0.879185
INR 106.613135
IQD 1538.577555
IRR 49493.544354
ISK 148.41283
JEP 0.879185
JMD 188.054601
JOD 0.833059
JPY 182.086549
KES 151.515079
KGS 102.752804
KHR 4702.386633
KMF 492.911492
KPW 1057.491268
KRW 1720.480396
KWD 0.36051
KYD 0.978813
KZT 612.546565
LAK 25462.346819
LBP 105176.728999
LKR 362.920819
LRD 207.301224
LSL 19.815521
LTL 3.469442
LVL 0.710741
LYD 6.379995
MAD 10.805297
MDL 19.854766
MGA 5203.151106
MKD 61.58937
MMK 2466.617904
MNT 4166.358748
MOP 9.418054
MRU 47.004836
MUR 53.990968
MVR 18.088629
MWK 2036.690621
MXN 21.126092
MYR 4.808648
MZN 75.093803
NAD 19.815521
NGN 1705.53442
NIO 43.227904
NOK 11.911281
NPR 169.94896
NZD 2.027652
OMR 0.451782
PAB 1.174515
PEN 3.954311
PGK 5.062068
PHP 69.231624
PKR 329.162758
PLN 4.221642
PYG 7889.359242
QAR 4.280496
RON 5.094291
RSD 117.388641
RUB 92.967943
RWF 1709.478019
SAR 4.40866
SBD 9.607607
SCR 17.223335
SDG 706.756952
SEK 10.910905
SGD 1.51451
SHP 0.881547
SLE 28.346692
SLL 24638.971924
SOS 670.04968
SRD 45.293589
STD 24319.935326
STN 24.534259
SVC 10.276881
SYP 12991.498391
SZL 19.808863
THB 36.931722
TJS 10.793679
TMT 4.124217
TND 3.433491
TOP 2.829096
TRY 50.173396
TTD 7.970316
TWD 36.798371
TZS 2916.912694
UAH 49.627044
UGX 4174.450755
USD 1.174991
UYU 46.090635
UZS 14149.865707
VES 314.239221
VND 30925.755393
VUV 142.323844
WST 3.261166
XAF 656.986216
XAG 0.018396
XAU 0.000271
XCD 3.175471
XCG 2.116771
XDR 0.81708
XOF 656.986216
XPF 119.331742
YER 280.241445
ZAR 19.712468
ZMK 10576.317779
ZMW 27.102111
ZWL 378.346528
  • SCS

    0.0200

    16.14

    +0.12%

  • JRI

    -0.0200

    13.7

    -0.15%

  • CMSC

    -0.1300

    23.3

    -0.56%

  • BCC

    0.2500

    76.51

    +0.33%

  • CMSD

    -0.1500

    23.25

    -0.65%

  • NGG

    0.2400

    74.93

    +0.32%

  • BTI

    -1.2700

    57.1

    -2.22%

  • RBGPF

    0.0000

    81.17

    0%

  • BP

    -0.2700

    35.26

    -0.77%

  • BCE

    0.3100

    23.71

    +1.31%

  • GSK

    -0.0700

    48.81

    -0.14%

  • RIO

    -1.0800

    75.66

    -1.43%

  • RYCEF

    -0.2500

    14.6

    -1.71%

  • AZN

    -0.4600

    89.83

    -0.51%

  • RELX

    0.1000

    40.38

    +0.25%

  • VOD

    0.0500

    12.59

    +0.4%

Asian countries most vulnerable to Strait of Hormuz blockade
Asian countries most vulnerable to Strait of Hormuz blockade / Photo: Karim SAHIB - AFP/File

Asian countries most vulnerable to Strait of Hormuz blockade

Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading route over US strikes on its nuclear sites.

Text size:

Around 14.2 million barrels of crude oil and 5.9 million barrels of other petroleum products pass through the strait per day -- representing around 20 percent of global production in the first quarter, according to the US Energy Information Administration (EIA).

And crude oil from Saudi Arabia, the UAE, Iraq, Kuwait, Qatar and Iran almost exclusively passes through the corridor.

Here are the main Asian countries where oil exported via the strait is destined:

- China -

More than half of the oil imported by East Asia passes through the Strait of Hormuz, experts estimate.

China is one of the largest buyers, importing 5.4 million barrels of crude oil a day through Hormuz in the first quarter this year, according to the EIA.

Saudi Arabia is China's second-largest supplier of crude oil, accounting for 15 percent of its total oil imports -- 1.6 million barrels a day.

China also buys more than 90 percent of Iran's oil exports, according to the analysis firm Kpler.

It imported 1.3 million barrels of Iranian crude oil a day in April, down from a five-month high in March.

- India -

India is highly dependent on the Strait of Hormuz, importing 2.1 million barrels of crude a day through the corridor in the first quarter, EIA data shows.

Around 53 percent of India's imported oil in early 2025 came from Middle Eastern suppliers, particularly Iraq and Saudi Arabia, local media reported.

Wary of an escalating conflict in the Middle East, New Delhi has increased its imports of Russian oil over the past three years.

"We have been closely monitoring the evolving geopolitical situation in the Middle East since the past two weeks," India's Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Sunday.

"We have diversified our supplies in the past few years and a large volume of our supplies do not come through the Strait of Hormuz now," he wrote on X, adding "We will take all necessary steps to ensure stability of supplies of fuel to our citizens."

- South Korea -

Around 68 percent of South Korea's crude oil imports pass through the Strait of Hormuz -- 1.7 million barrels a day this year, according to the EIA.

South Korea is particularly dependent on its main supplier Saudi Arabia, which last year accounted for a third of its oil imports.

Seoul's trade and energy ministry said there have been "no disruptions so far in South Korea's crude oil and LNG imports" but "given the possibility of a supply crisis", officials were "planning for potential disruptions in the Strait of Hormuz".

"The government and industry stakeholders have prepared for emergencies by maintaining a strategic petroleum reserve equivalent to about 200 days of supply," the ministry said in a statement.

- Japan -

Japan imports 1.6 million barrels of crude oil a day through the Strait of Hormuz, the EIA says.

Japanese customs data showed 95 percent of crude oil imports last year came from the Middle East.

The country's energy freight companies are readying for a potential blockade of the strait.

"We're currently taking measures to shorten as much as possible the time spent by our vessels in the Gulf," shipping giant Mitsui OSK told AFP.

- Others -

Around 2 million barrels of crude oil passing through the Strait of Hormuz each day in the first quarter were destined for other parts of Asia -- particularly Thailand and the Philippines -- as well as Europe (0.5 million barrels) and the United States (0.4 million barrels).

- Limited alternatives -

Asian countries could diversify their oil suppliers, but it is difficult to replace the large volumes coming from the Middle East.

In the short term, "elevated global oil inventories, OPEC+'s available spare capacity, and US shale production all could provide some buffer", experts at MUFG Bank said.

"However, a full closure of the Hormuz Strait would still impact on the accessibility of a major part of this spare production capacity concentrated in the Persian Gulf," they said.

Saudi Arabia and the UAE have infrastructure to bypass the strait, potentially mitigating disruptions, but their transit capacity remains very limited -- around 2.6 million barrels a day.

And the Goreh-Jask pipeline built by Iran to export via the Gulf of Oman, which has been inactive since last year, has a maximum capacity of only 300,000 barrels per day, according to the EIA.

burs-jug/dhw/mtp

M.Saito--JT