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Sign InA recent analysis highlights that the United States is demonstrating higher resilience to the current energy shock compared to Asia, bolstered by its robust domestic production. Meanwhile, China has effectively mitigated supply risks by amassing significant strategic and commercial crude oil inventories over the past year. Conversely, other Asian nations are grappling with fuel shortages and surging airfares due to their heavy reliance on Middle Eastern energy flows. The ongoing conflict and the closure of the Strait of Hormuz have triggered what is described as the worst oil and gas disruption in history. This has led to fierce global competition for non-Middle Eastern barrels as refiners scramble for alternatives. While the buffers in the US and China may temper immediate panic, the overall outlook for energy prices remains critical.