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

EUR -
AED 4.260528
AFN 80.036262
ALL 97.724905
AMD 445.558355
ANG 2.075953
AOA 1063.669332
ARS 1461.423778
AUD 1.781414
AWG 2.087901
AZN 1.979362
BAM 1.943002
BBD 2.343663
BDT 141.031083
BGN 1.955111
BHD 0.437258
BIF 3294.243502
BMD 1.159945
BND 1.487105
BOB 8.021168
BRL 6.444535
BSD 1.160755
BTN 99.584078
BWP 15.608195
BYN 3.79868
BYR 22734.919946
BZD 2.331543
CAD 1.59191
CDF 3347.600914
CHF 0.929667
CLF 0.029241
CLP 1122.095865
CNY 8.320275
CNH 8.333595
COP 4678.057762
CRC 585.443909
CUC 1.159945
CUP 30.73854
CVE 110.83295
CZK 24.662861
DJF 206.14515
DKK 7.462507
DOP 69.927313
DZD 150.932673
EGP 57.296987
ERN 17.399173
ETB 158.390219
FJD 2.616147
FKP 0.863417
GBP 0.866665
GEL 3.143138
GGP 0.863417
GHS 12.064494
GIP 0.863417
GMD 82.922522
GNF 10040.483472
GTQ 8.908324
GYD 242.749014
HKD 9.105364
HNL 30.5645
HRK 7.533029
HTG 152.40616
HUF 400.658311
IDR 18874.159357
ILS 3.899507
IMP 0.863417
INR 99.740877
IQD 1519.527813
IRR 48862.678998
ISK 142.684286
JEP 0.863417
JMD 185.498196
JOD 0.82237
JPY 172.713531
KES 150.217787
KGS 101.433238
KHR 4662.978331
KMF 492.541611
KPW 1043.977797
KRW 1608.275523
KWD 0.354861
KYD 0.967329
KZT 610.479013
LAK 25014.211594
LBP 103873.06534
LKR 349.468189
LRD 233.149388
LSL 20.798255
LTL 3.425015
LVL 0.701639
LYD 6.27543
MAD 10.510844
MDL 19.616792
MGA 5138.555999
MKD 61.157181
MMK 2435.516155
MNT 4158.225341
MOP 9.385481
MRU 46.072966
MUR 52.620916
MVR 17.860143
MWK 2014.241346
MXN 21.836717
MYR 4.921064
MZN 74.189837
NAD 20.797881
NGN 1773.683331
NIO 42.628076
NOK 11.897763
NPR 159.334526
NZD 1.950569
OMR 0.445992
PAB 1.160755
PEN 4.130575
PGK 4.794342
PHP 65.920106
PKR 330.17837
PLN 4.264364
PYG 8987.80086
QAR 4.222888
RON 5.076959
RSD 117.131097
RUB 90.538385
RWF 1666.260842
SAR 4.350531
SBD 9.650231
SCR 16.407482
SDG 696.551697
SEK 11.278249
SGD 1.490759
SHP 0.911535
SLE 26.04089
SLL 24323.469058
SOS 662.910339
SRD 43.456756
STD 24008.517411
SVC 10.156106
SYP 15081.429774
SZL 20.797942
THB 37.788099
TJS 11.09671
TMT 4.071407
TND 3.364418
TOP 2.716705
TRY 46.602845
TTD 7.880097
TWD 34.108298
TZS 3030.351722
UAH 48.539787
UGX 4160.595778
USD 1.159945
UYU 47.308398
UZS 14841.495131
VES 134.205421
VND 30318.059698
VUV 138.617077
WST 3.183141
XAF 651.664738
XAG 0.030762
XAU 0.000349
XCD 3.134809
XDR 0.81075
XOF 651.888921
XPF 119.331742
YER 279.952061
ZAR 20.80651
ZMK 10440.898559
ZMW 26.493498
ZWL 373.501783
  • CMSC

    0.0900

    22.314

    +0.4%

  • CMSD

    0.0250

    22.285

    +0.11%

  • RBGPF

    0.0000

    69.04

    0%

  • SCS

    0.0400

    10.74

    +0.37%

  • RELX

    0.0300

    53

    +0.06%

  • RIO

    -0.1400

    59.33

    -0.24%

  • GSK

    0.1300

    41.45

    +0.31%

  • NGG

    0.2700

    71.48

    +0.38%

  • BP

    0.1750

    30.4

    +0.58%

  • BTI

    0.7150

    48.215

    +1.48%

  • BCC

    0.7900

    91.02

    +0.87%

  • JRI

    0.0200

    13.13

    +0.15%

  • VOD

    0.0100

    9.85

    +0.1%

  • BCE

    -0.0600

    22.445

    -0.27%

  • RYCEF

    0.1000

    12

    +0.83%

  • AZN

    -0.1200

    73.71

    -0.16%

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