Global reserves of petroleum could fall so low by September, if the crisis is not resolved, that they will reach what analysts call “an operational floor.”

FRANKFURT, Germany (AP) — Prolonged disruption of energy supplies from the Middle East due to the Iran war would deal a severe blow to the global economy, sending some countries

The growing energy and supply chain crisis is unlikely to ease even if the US and Iran step back from the brink. Experts warn that reopening the Strait of Hormuz and repairing…