IEA chief Fatih Birol warns global energy security is at risk if oil shipments through the Strait of Hormuz do not resume, with Asia facing the biggest impact.

IEA warns Hormuz closure could trigger an energy crisis. WTI reaching $110 in July 2026 at 2.8% YES.

Global economic headwinds could emerge if Strait of Hormuz disruptions continue for weeks. Financial markets show anxiety over escalating conflict and its impact on energy…