Asia going to sweat a lot more in coming weeks amid Middle East crisis

The Asia heatwave is set to intensify across Japan, China and South Korea, driving higher cooling demand, electricity consumption and LNG imports. The Asia heatwave comes as Middle East tensions due to US-Iran war threaten energy supplies, raising inflation risks through higher fuel and food prices while increasing pressure on power systems across the region.

Raccontata daeconomictimes.indiatimes.com