MANILA, PHILIPPINES - APRIL 24: Used air conditioners are seen for sale at a roadside shop on April 24, 2026 in Manila, Philippines. As the energy crisis brought about by the U.S.-Israel conflict with Iran disrupts global oil supplies and drives up electricity costs, residents in Manila face difficult choices during the hot season, with air conditioning becoming both a necessity and a growing financial burden. (Photo by Ezra Acayan/Getty Images)

MANILA, PHILIPPINES - APRIL 24: A motorcycle driver delivers air conditioners on April 24, 2026 in Manila, Philippines. As the energy crisis brought about by the U.S.-Israel conflict with Iran disrupts global oil supplies and drives up electricity costs, residents in Manila face difficult choices during the hot season, with air conditioning becoming both a necessity and a growing financial burden. (Photo by Ezra Acayan/Getty Images)

MANILA, PHILIPPINES - APRIL 24: Children play next to used air conditioners for sale at a roadside shop on April 24, 2026 in Manila, Philippines. As the energy crisis brought about by the U.S.-Israel conflict with Iran disrupts global oil supplies and drives up electricity costs, residents in Manila face difficult choices during the hot season, with air conditioning becoming both a necessity and a growing financial burden. (Photo by Ezra Acayan/Getty Images)

MANILA, PHILIPPINES - APRIL 24: Dilapidated air conditioners are seen at a roadside shop on April 24, 2026 in Manila, Philippines. As the energy crisis brought about by the U.S.-Israel conflict with Iran disrupts global oil supplies and drives up electricity costs, residents in Manila face difficult choices during the hot season, with air conditioning becoming both a necessity and a growing financial burden. (Photo by Ezra Acayan/Getty Images)

Joo Won-ho, President of HD Hyundai Heavy Industries, and Erik Eklund, Director General of the Swedish Maritime Administration pose during a contract signing ceremony for the procurement of a new icebreaker, in Stockholm, Sweden on april 24, 2026. (Photo by Christine Olsson/TT / TT NEWS AGENCY / AFP via Getty Images) / Sweden OUT

Joo Won-ho, President of HD Hyundai Heavy Industries, and Erik Eklund, Director General of the Swedish Maritime Administration pose during a contract signing ceremony for the procurement of a new icebreaker, in Stockholm, Sweden on april 24, 2026. (Photo by Christine Olsson/TT / TT NEWS AGENCY / AFP via Getty Images) / Sweden OUT

Joo Won-ho, President of HD Hyundai Heavy Industries, and Erik Eklund, Director General of the Swedish Maritime Administration sign document during a ceremony for the procurement of a new icebreaker, in Stockholm, Sweden on april 24, 2026. (Photo by Christine Olsson/TT / TT NEWS AGENCY / AFP via Getty Images) / Sweden OUT

A currency trader watches monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, April 24, 2026. (AP Photo/Ahn Young-joon)