New York Times: After 3 months, the fallout from the Iran war is spreading.
After three months, the fallout of the closure of the Strait of Hormuz is spreading, with developing countries bearing the brunt of the shortfall.
At the onset of the war in the Middle East, industry officials and experts warned that the closure of one of the world’s most vital maritime
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‘Now come the shortages’: Why the global energy crisis may just be starting
Iran war: Oil shortages threaten global energy security
Global agencies warn of summer fuel shortages if Hormuz disruption continues
International agencies warn of summer fuel shortages if Strait of Hormuz remains closed
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The scale of the Hormuz supply loss intensified last month due to the US blockade of Iranian exports.
Motor oil prices are rising rapidly and some industry executives are warning of imminent shortages caused by the war with Iran.
The economic warnings are bleak, but full extent of shortages are still not felt for many European countries
From fuel caps to four-day work weeks, the Middle East conflict has left the world’s top crude oil importing region desperate to…
Strategic petroleum reserves are declining rapidly as countries release emergency crude supplies to cushion the economic impact…
