Gas shock The Iran war has inevitably upended the global oil market, but the impact could prove greater for consumers of gas and LNG. While most of the LNG cargoes transiting the Strait of Hormuz are ...
Oil prices surged due to escalating tensions in the Middle East, with Brent crude spiking 13% amid threats to the Strait of Hormuz, impacting energy markets, insurers, and global geopolitics.
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