How Iran’s ‘complete control’ of the Strait of Hormuz is wreaking havoc on the world’s oil and gas supply Millions of barrels of oil and gas are being held up as war breaks out over the major shipping route, with maritime traffic reportedly dropping by 80 per cent - Copy link - Bookmark - CommentsGo to comments Iran claims to have taken “complete control” of one of the world’s major shipping routes, causing chaos for the global supply of oil and gas as the conflict in the Middle East continues to grow. The Strait of Hormuz is a waterway in the Persian Gulf through which around a fifth of the w
How Iran’s ‘complete control’ of the Strait of Hormuz is wreaking havoc on the world’s oil and gas supply Millions of barrels of oil and gas are being held up as war breaks out over the major shipping route, with maritime traffic reportedly dropping by 80 per cent - Copy link - Bookmark - CommentsGo to comments Iran claims to have taken “complete control” of one of the world’s major shipping routes, causing chaos for the global supply of oil and gas as the conflict in the Middle East continues to grow. The Strait of Hormuz is a waterway in the Persian Gulf through which around a fifth of the w