ACKS SINCE CEASEFIRE BEGAN IN OCTOBER – GAZA HEALTH MINISTRY: 73,043 PALESTINIANS KILLED
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“PLEDGED TO HELP WITH IMPLEMENTING AGREEMENT - LEBANESE HEALTH MINISTRY: 4,230 PEOPLE”
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Asia pays some of the world's highest energy import costs
Nations like Japan, South Korea & India spend hundreds of billions on energy imports yearly — making global price spikes devastating for their economies. Read more at Reuters
Japan imported ~99% of its oil when the 1973 Arab Oil Embargo struck.
The shock caused Japan's economy to contract for the first time since WWII. It triggered a sweeping national efficiency drive — Japan cut energy use per unit of GDP by nearly 40% over the following two decades.
This storyWhere is the global economy headed in the next 12 months?
This storyWho bears the most responsibility for Gaza's death toll?
This storyWho bears most responsibility for Asia's energy import crisis?
This storyWhat will most influence global oil prices in 2025?
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