Asia is preparing for a second wave of energy-related impacts from the Iran war as governments’ early mitigation measures begin to run short. With conflict disrupting or threatening flows through the Strait of Hormuz—an important route for energy supplies to Asia— countries initially used emergency steps such as reducing overall power use, prioritizing natural gas for household needs, and drawing down energy stockpiles. These decisions involved trade-offs, including slowing business activity to conserve electricity and diverting gas from other uses such as fertilizer production. Early policies assumed disruptions would be brief and that energy flows would resume quickly, allowing shortages to ease. However, those conditions have not returned, and there is no clear end in sight. As a result, the fuel crisis is spreading further through regional economies, with costs rising across sectors, including airfare, shipping rates, and utility bills. Sources also report that the situation increases the risk of hardship for millions of people and could lead to large economic losses across the Asia-Pacific region.