13 Apr, 09:28··
US Blockade of Hormuz Risks Global Energy Market Damage
The United States' blockade of the Strait of Hormuz is causing a rise in oil prices. This situation creates a paradox, as attempts to reopen the waterway will likely solidify its closure. The ongoing tensions in the Bab el-Mandeb Strait pose a significant risk to global energy markets.
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energy marketsgeopoliticsshipping