Global energy crisis deepens as Middle East conflict threatens oil and gas supplies

Global energy crisis deepens as Middle East conflict threatens oil and gas supplies

Iran has effectively closed the Strait of Hormuz—a critical 21-mile-wide maritime passage responsible for 20% of global oil and a third of LNG exports—using drone and missile strikes on commercial tankers, halting millions of barrels of oil and gas shipments.…

  • Iran has effectively closed the Strait of Hormuza critical 21-mile-wide maritime passage responsible for 20% of global oil and a third of LNG exportsusing drone and missile strikes on commerc… [+6585 chars]

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