Iran conflict threatens Strait of Hormuz shipping

Photo — İrfan Simsar / Pexels

The Strait of Hormuz is a major global energy corridor, so further attacks or a prolonged closure threat could disrupt oil and gas supplies and increase market volatility. Related developments include reported U.S. strikes on Iran’s Qeshm Island and missile launches toward Riyadh intercepted by the Saudi-led coalition, indicating that tensions are extending across the region.[1]

Sources: The Standard, Anadolu Agency