Energy in the Middle East is once again being shaped not only by markets, but by war. As direct confrontation between Iran, the United States and Israel enters a new phase, the implications are no longer confined to the battlefield. Instead, they are unfolding across global energy markets, shipping routes and supply chains, creating a ripple effect that extends far beyond the region. At the center of this unfolding dynamic lies the Strait of Hormuz β one of the worldβs most critical energy chokepoints. A significant share of global oil flows through this narrow passage, making it not just a geographic corridor, but a strategic variable in times of conflict. Even limited disruption in this route would trigger immediate consequences: […]
This article was sourced from Middle East Monitor.
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