The Middle East crisis has created a risk-off environment for global equities.
For many Asian economies, heavy reliance on Middle Eastern crude and natural gas is now emerging as a critical vulnerability.
Despite being a leader in non-oil energy production, China is still not immune to the global price shock, as imported oil still supplies 14% of its energy needs.
China has become a global leader in producing wind turbines and solar panels.
MR1805/iStock via Getty Images
The Middle East crisis has created a risk-off environment for global equities. But, beyond immediate market reactions, it raises a deeper question: what lessons will countries, companies, and individuals take from this disruption?
