Asia rolls out four-day weeks and work-from-home as emergency measures to solve a fuel crisis caused by Iran war
Closed schools. Work-from-home demands. Price caps. Asia’s governments are scrambling to manage a fuel shortage caused by high oil prices and a closed Strait of Hormuz. Asia is particularly dependent on oil exports from the Middle East; Japan and South Korea respectively source 90% and 70% of their oil from the region. The energy crunch is forcing governments to adopt more extreme measures to save fuel.