Concentric assesses the Iran conflict and disruption to the Strait of Hormuz will pose a sustained risk to Asian economies due to their heavy reliance on Middle Eastern energy. Prolonged instability is likely to drive elevated oil and gas prices, increase inflationary pressures, and disrupt trade flows. These dynamics heighten operational, financial, and supply-chain risks for businesses across the region.

Russia and North Korean Cooperation: Impacts on Ukraine and Wider Sanction Architecture
Russia and North Korea have moved from emergency battlefield support to an institutionalized military partnership

