Following the collapse of talks with Iran, the US may impose a blockade on the Strait of Hormuz. A Nomura report examines how global economies in Asia and Europe could be affected by potential energy supply restrictions.

As the US imposes its own blockade on shipping through the Strait of Hormuz following the collapse of talks with Iran at the weekend, we take a look at how major economies in Asia and Europe could be affected by further restrictions on passage through one of the world’s most critical choke points for energy supplies. Who is most vulnerable in this energy crisis? According to a recent report by Japanese investment bank Nomura, the regions most exposed to the tensions in the Persian Gulf are Asian...