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Asia Hopes U.S. Midterm Results Will Ease Energy Crisis

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Asia Hopes U.S. Midterm Results Will Ease Energy Crisis | Gold market brief illustration

Asian countries that depend on oil and gas imports for their energy security are hoping that the results of the U.S. midterms will lead to an end to the war in the Middle East and, consequently, an end to the severe fuel crisis Asian countries are experiencing. The hopes may be premature, however. Trump is still president, and Democrats are no fans of Iran. Asia has been the hardest-hit by the fallout of the U.S. and Israel offensive against Iran that began on February 28. For geographical reasons, the Middle East is the top supplier of hydrocarbons…

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