Taiwan's government says the country has enough oil and gas to get through the year despite the widening Middle East conflict, which is reassuring for households and industry but signals rising energy risk.

• Fighting between the US and Iran, plus clashes between Saudi Arabia and Yemen's Houthis, has cut shipping sharply through key Middle East sea lanes.
• Taiwan's oil and gas stockpiles are above legal minimums and higher than a year ago, with buying for early next year already arranged.
• Buying from suppliers outside the Middle East is cushioning the hit, and backup shipping routes are ready in case lanes close.
• Wind and solar output jumped this month, cutting how much imported fuel is needed to make power.
• Household gas and bottled gas prices are frozen until year-end, with extra budget requested to cover what suppliers absorb.

Outlook: Supply looks safe near term, but risks around the Strait of Hormuz and Red Sea could push global energy prices up and strain the price caps.