Iran war triggers worst oil supply crisis in history, surpassing 1970s embargo

Iran war triggers worst oil supply crisis in history, surpassing 1970s embargo

The world faces its worst-ever oil supply disruption due to war with Iran. The crisis centers on Iran’s effective closure of the critical Strait of Hormuz. A historic release of emergency oil stockpiles has failed to contain market panic. The U.S. military is…

  • The world faces its worst-ever oil supply disruption due to war with Iran.
  • The crisis centers on Iran's effective closure of the critical Strait of Hormuz.
  • A historic release … [+4327 chars]

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