Hormuz export volumes fell to under 10 percent of pre-conflict levels before the IEA acted. The 400 million barrels covers roughly 20 days of pre-war transit volume.
Laos ordered daily supply reporting from all fuel importers and distributors, banned station closures without advance notice, and launched nationwide depot inspections. Crisis governance in real time.
The Indonesia-Japan nuclear MoC was signed as the Strait of Hormuz remained closed and both countries faced acute fossil fuel supply pressure. Energy security and decarbonization are now inseparable in Indo-Pacific policy.
The Mastercard-Bank of Shanghai integration routes inbound payments through CIPS into China's domestic banking network, reducing friction for global businesses paying Chinese suppliers.