Closed schools. Work-from-home demands. Price caps.
Asia’s governments are scrambling to manage a fuel shortage caused by high oil prices and a closed Strait of Hormuz. Asia is particularly dependent on oil exports from the Middle East; Japan and South Korea respectively source 90% and 70% of their oil from the region.
The energy crunch is forcing governments to adopt more extreme measures to save fuel.
On March 10, Thailand ordered civil servants to take the stairs rather than the elevator, and to work-from-home for the duration of the crisis. It increased the air-conditioning temperature to 27 degrees Celsius, and will tell government employees to wear short-sleeved shirts over suits. (Thailand has about 95 days of energy reserves left, according to Reuters).
Vietnam also called on businesses to let people work-from-home to “reduce the need for travel and transportation.” The Philippines is pushing for a four-day work week, and has ordered officials to limit travel “to essential functions only.”
