Asian governments are implementing emergency work policies as a fuel crisis deepens following Iran war disruptions. Thailand ordered civil servants to work-from-home and raise air conditioning to 27°C, while the Philippines pushes for a four-day work week. Bangladesh advanced Eid holidays to close universities early, and Pakistan instituted four-day weeks for government offices.

Japan's industry minister warned of tapping national oil reserves as South Korea's president announced price caps on petroleum products. The Strait of Hormuz remains closed to maritime traffic, blocking approximately 1.7 million barrels of Korea-bound oil daily. Indonesia allocated 381.3 trillion rupiah ($22.6 billion) for energy subsidies to keep fuel prices affordable.

Oil prices have swung wildly, surging past $115 per barrel before settling above $90. The International Energy Agency released 400 million barrels from emergency reserves, but Middle East flows remain constrained. Analysts warn this crisis could surpass the 2022 Russia-Ukraine situation, with $200 per barrel oil not outside the realm of possibility in 2026.