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It’s not just oil and gas. The Strait of Hormuz blockage is rattling another vital commodity
“I'm a lot more concerned about the current crisis than I was when Russia-Ukraine happened four years ago,” one fund manager told CNBC.
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theguardian.com
Energy shock talk grabs headlines but the Iran war is also driving the world towards a food crisis | Heather Stewart
Growers face soaring fertiliser and fuel costs as shipping choke point of the strait of Hormuz hits supply chains
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cnbc.com
As Iran war causes gas and airfares to spike, lawmakers warn of price gouging — but experts point to supply shocks
With airfares and gas prices spiking, some lawmakers are warning of the potential for price gouging, even as experts point to extreme supply shocks.
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bbc.com
Asia everyday life is being upended by Iran war fuel crisis
Asia relies heavily on oil and gas from the Gulf, and shortages and higher prices are starting to bite.
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It’s not just oil and gas. The Strait of Hormuz blockage is rattling another vital commodity
“I'm a lot more concerned about the current crisis than I was when Russia-Ukraine happened four years ago,” one fund manager told CNBC.
- ·
Oil giants raise the alarm over energy shortages as Iran war drags on
Shell CEO Wael Sawan warns Europe will be next to face an energy supply crunch.
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Beyond oil: The crucial exports blocked by Hormuz closure
The price of a wide range of goods - from food, to smartphones, to medicines - could be affected by the US-Israel war with Iran.