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How Iran’s closure of Strait of Hormuz could upend global oil and gas supplies

3 mars 2026 à 10:23

Iran has effectively shut down the Strait of Hormuz in retaliation for the US-Israeli war. Given that a quarter of seaborne oil and a fifth of global LNG shipments pass through this critical maritime route, the move may prove catastrophic for major economies dependent on energy supplies from the Gulf. Namita Singh reports

© AFP via Getty

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