Middle East shockwaves for Europe and Asia

The economic and political shock waves from the war on Iran will be felt the most in the Middle East. Outside that region, however, key parts of Europe and Asia are also being significantly affected. Both Europe and Asia have high degrees of vulnerability, and not only because of their geographical proximity to the Middle East; both regions are also dependent on large amounts of energy imports. The list of nations with economies in which energy imports help fuel a large share of gross domestic product includes France, Germany, the UK, South Korea, India, Taiwan, Japan, and China.

Raccontata daarabnews.com