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Hormuz closure could push oil markets into 'red zone': IEA
The closure of the Strait of Hormuz since March 4, 2026, has disrupted global oil flows, with IEA chief Fatih Birol warning of worsening market conditions.
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energyintel.com
Overview: Inventories to the Rescue as Hormuz Impasse Drags On
The scale of the Hormuz supply loss intensified last month due to the US blockade of Iranian exports.
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middleeastmonitor.com
Hormuz closure could trigger global food price crisis within a year, UN agency warns
The closure of the Strait of Hormuz could trigger a severe global food price crisis within six to 12 months, the UN Food and Agriculture Organisation (FAO) warned on Wednesday,…
