Nigel Green
US President Donald Trump’s remarks on Tuesday questioning why China, Japan and South Korea have not taken a more active military role in safeguarding key energy transport routes, namely the Strait of Hormuz, draw attention to a deeper shift already underway. Asia’s largest energy importers’ inaction signals a structural shift underway, one that’s already reshaping capital flows, supply chains, and geopolitical alignments across the region.
For decades, the security of global energy transit has rested heavily on US naval dominance. Asian economies, despite being the world’s most significant buyers of oil and gas, operated within this framework. Strategic dependence was tolerated because it worked. Energy arrived, costs remained predictable and risk was largely externalized. But, it appears that a new reality is emerging with the US and Israel’s war on Iran.
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