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Countries in Asia Try to Contain the Economic Fallout of the Mideast Conflict

Across Asia, where countries are highly exposed to rising oil and gas costs and tightening supply, governments are acting to mitigate economic harm.

© Benoit Tessier/Reuters

The Strait of Hormuz is a narrow passage between Iran and Oman. Historically 20 million barrels pass through it each day, most of it bound for Asia.
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