Faced with rising prices and disruptions to their oil and gas supplies, many Asian countries heavily dependent on fossil fuels from the conflict-ridden Gulf are now moving to protect their domestic markets with different measures.
Here are some of the measures being considered to limit the war's impact:
South Korea eyes price caps
South Korean President Lee Jae Myung has said the manufacturing powerhouse, the world's eighth-largest consumer of crude oil, is moving towards instituting fuel price caps to alleviate pressure on the country's energy supply.
"We should swiftly introduce and decisively implement a price ceiling system for petroleum products that have recently seen excessive price increases," he told a Monday cabinet meeting.
His chief of staff said Friday the country had alrea
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