The Iran war is reviving remote work across the world - from Denmark to Vietnam | Fortune
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The Iran war is reviving remote work across the world - from Denmark to Vietnam | Fortune
"Nearly three weeks into the U.S. campaign in Iran, the war's ripple effects are throttling global fuel markets. The conflict has essentially blocked off the Strait of Hormuz, the vital chokepoint that once carried 20% of the world's traded oil and liquefied gas. That hole in energy supply is straining fuel reserves around the world, especially for the biggest buyers of Middle Eastern oil and gas."
"Vietnam's Ministry of Industry and Trade called on individuals and businesses to 'work alongside the government to help ensure national energy security.' 'Joint efforts to save fuel are essential,' the ministry said. 'Where possible, remote working arrangements may also help reduce travel and transport demand.'"
"Over the past week, authorities in Vietnam, Pakistan, Thailand and the Philippines issued a series of directives encouraging flexible work, including working from home, 4-day workweeks, and taking the stairs instead of an elevator. Officials in Europe have also urged people to stay home if they are able."
A conflict in the Middle East has disrupted global energy markets by blocking the Strait of Hormuz, which previously carried 20% of the world's traded oil and liquefied gas. This supply shortage is straining fuel reserves worldwide, particularly for major consumers of Middle Eastern energy. Governments across Asia and Europe are responding by reviving remote work policies from 2022, including flexible work arrangements, 4-day workweeks, and work-from-home directives. Countries like Vietnam, Pakistan, Thailand, and the Philippines have issued official guidance encouraging remote work to reduce transportation demand and fuel consumption. European officials are similarly urging citizens to minimize unnecessary driving and energy use to help ensure national energy security during this potential prolonged energy trade slowdown.
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