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2026 › March › 09
Hormuz
4 months ago
Roughly 20% of global LNG flows through the Strait.
France preparing to escort ships in Strait of Hormuz when war calms: Macron ⊖
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a story from Al Jazeera 🚨 › Al Jazeera English
French president says 'purely defensive' mission aims to gradually reopen key Gulf waterway amid spike in oil prices.
G7 energy ministers to meet Tuesday morning to discuss release of oil reserves, sources say ⊖
Oil prices surged above $100 per barrel as the critical Strait of Hormuz remains closed due to threats from Iran.
Oil tankers transiting Strait of Hormuz 'must be very careful,' Iran foreign ministry warns ⊖
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The price of crude oil has sharply spiked as the Strait of Hormuz has been effectively closed as the United States and Israel wage war on Iran.
Stocks tumble on 'oil crisis' as prices rise above $100 a barrel ⊖
Oil prices surged above $100 a barrel in the early hours as investors priced in further disruption as the Strait of Hormuz remains effectively shut.
Why the real threat to the world is Iran's chokehold on this vital stretch of water where it can take out tankers with mines, hidden submarines and even swarms of suicide drone boats - and back home in Britain, we're spectacularly vulnerable ⊖⊖
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a story from The Daily Mail 💩 › The Daily Mail
Almost as soon as strikes began, Tehran threatened to close the Strait of Hormuz, where about 20million barrels of oil pass through a day. Now, they have effectively done so.
Middle East war is already affecting shipping — and Europe won’t be spared ⊖
The escalating situation in the Strait of Hormuz will have painful implications for global shipping as well as the world’s economies.
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