The head of the Russian Direct Investment Fund earlier said that the closure of the Strait of Hormuz would not spare the US and would lead to to a "global oil shock"

The head of the Russian Direct Investment Fund earlier said that the closure of the Strait of Hormuz would not spare the US and would lead to to a "global oil shock"

Energy analysts are bracing for a possible oil supply shock after U.S. strikes on Iran reignited fears of disruptions in the Strait of Hormuz.