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How Iran’s ‘complete control’ of Strait of Hormuz wreaks havoc on world’s oil and gas
Millions of barrels of oil and gas are being held up as war breaks out over the major shipping route, with maritime traffic reportedly dropping 80 per cent
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independent.co.uk
Oil climbs as Iran conflict threatens vital Strait of Hormuz
Spike follows claims by Iran’s Revolutionary Guards they struck three US and UK oil tankers in the Gulf and the Strait of Hormuz
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theguardian.com
What disrupting the strait of Hormuz could mean for global cost-of-living pressures
The narrow shipping route on Iran’s southern border carries one fifth of global seaborne crude oil, one fifth of LNG shipments and one third of the most widely used fertiliser
