Shock wave from America-Iran war! Most crude oil goes to China, India through the Strait of Hormuz – how vulnerable are they after closure? & more related News Here
Any disruption to navigation in the Strait of Hormuz poses a serious threat to international oil trade flows. The closure of the Strait of Hormuz has jolted global markets and oil prices are rising with no signs of the US-Israel-Iran war abating. The escalating conflict in Iran has blocked the movement of tankers through the…