#oil-market-disruption
#oil-market-disruption
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#strait-of-hormuz #energy-security #geopolitical-conflict #us-israel-military-operations #iran-conflict
World news
fromwww.aljazeera.com
1 day agoIran says will attack any ship trying to pass through Strait of Hormuz
Iran's IRGC threatens to close the Strait of Hormuz and attack vessels attempting passage, targeting global oil supplies in retaliation for Israeli-US strikes that killed Iranian leadership.
#strait-of-hormuz
World news
fromAxios
2 days agoOil prices fallout: OPEC producers boost output after Iran strikes
Oil prices are expected to surge due to Iranian tensions and shipping disruptions in the Strait of Hormuz, which handles one-fourth of global seaborne oil trade, potentially affecting U.S. gasoline prices.
fromAxios
3 days agoHow the US attack on Iran could shake oil prices
The Strait of Hormuz: The narrow waterway next to Iran is a choke point that handles a whopping one-fourth of the world's maritime oil trade and a fifth of liquefied natural gas shipments. Iran has previously threatened to close the strait. Still, "supply disruption to global markets would be limited even in the event that Iran retaliates against tanker traffic, given the expected US-led efforts to maintain supply through the Strait of Hormuz," Eurasia Group analysts wrote.
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