Iran War
After Hormuz, heart of Asia’s economies at risk?
✦ AI Brief
The Strait of Malacca, a vital shipping route carrying 40% of global trade and 80% of China's imported oil, is considered vulnerable to disruption. Southeast Asia's divisions would make any crisis harder to contain. Indonesia, Malaysia, and Singapore jointly manage the strait but lack a common framework to deal with geopolitical pressure. Existing cooperation focuses on operational issues like piracy and safety, which is poorly suited to handle geopolitical pressure.