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Smuggling, hoarding, no cars: World reacts to war fuel shock
Crude oil prices have risen more than 50% since the start of the war. Normally, about one‑fifth of the world’s oil passes through the Strait of Hormuz, but Iran has been blocking the waterway for weeks since the US‑Israel war with Iran started.
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Crude oil prices have risen more than 50% since the start of the war. Normally, about one‑fifth of the world’s oil passes through the Strait of Hormuz, but Iran has been blocking the waterway for weeks since the US‑Israel war with Iran started.
Crude oil prices have risen more than 50% since the start of the war. Normally, about one‑fifth of the world’s oil passes through the Strait of Hormuz, but Iran has been blocking the waterway for weeks since the US‑Israel war with Iran started.
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