How the Iran war is choking off the world's oil and gas

This vital waterway, crucial for a fifth of the world's oil, sees minimal traffic following recent attacks. Energy prices are climbing worldwide. Countries face potential economic damage if the situation persists. Shipping companies prioritise crew safety amid rising insurance costs.

Mar 5, 2026 - 14:30
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How the Iran war is choking off the world's oil and gas
This vital waterway, crucial for a fifth of the world's oil, sees minimal traffic following recent attacks. Energy prices are climbing worldwide. Countries face potential economic damage if the situation persists. Shipping companies prioritise crew safety amid rising insurance costs.

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