Asia’s economies heavily depend on the Middle East for energy, with around 80% of the region’s oil flowing through the Strait of Hormuz. The conflict is also exposing the limits of U.S. military reach, raising fresh doubts among Asian allies about long-term security guarantees. WSJ explores the broader shift taking shape in the region: stronger defenses, greater self-reliance and a world that’s becoming more fragmented. Chapters: 0:00 Economic impact of Iran War in Asia 1:24 Japan increasing