Europe and Asia will take an economic hit if the supply of Qatari LNG is halted by the closure of the strait of Hormuz

The closure of the Strait of Hormuz and US-Israeli strikes in Iran are reigniting the specter of a surge in crude oil prices. But the global economy is less vulnerable today than…

As noted, 20% of global LNG supplies pass through the Strait of Hormuz, and after its closure, they were effectively blocked