Goldman Sachs warns of risks in the Strait of Hormuz: Asia may face localized 'oil shortages' and price spikes BlockBeats News: On April 6th, Goldman Sachs' latest report pointed out that due to the impact of the Middle East conflict, the Strait of Hormuz, a global energy transportation hub, is under pressure, and the oil supply chain is facing extreme pressure. The risk of local "oil shortages" is increasing. Goldman Sachs analysis shows that the impact is particularly evident in Asia, where multiple economies are highly dependent on energy imports from the Persian Gulf, with some countries sourcing around 50% of their fuel from the region, while countries such as South Korea and Singapore have a higher dependence on the Middle East. Although there is currently no global supply disruption, the buffer maintained through inventory consumption, trade redirection, and export restrictions is weakening. Data shows that in late March, the net import volume of Asian oil has significantly declined, reflecting a rapid increase in supply pressure. From a category perspective, naphtha and liquefied petroleum gas (LPG) have experienced severe shortages due to tight inventory, while diesel and aviation fuel prices continue to rise, coupled with market hoarding behavior, further driving up volatility. Some countries have shown signs of fuel rationing or supply disruptions, and countries such as India and Thailand have begun to take intervention measures to respond. Goldman Sachs emphasized that there is currently no structural global supply crisis, but if the disturbance in the Strait of Hormuz continues, local energy shortages and soaring oil prices will further intensify, especially affecting regions with high dependence on imports.