The Strait of Hormuz Blockade Has Caused a Global Energy Crisis

The Economist, one of the world’s leading business magazines, wrote a few weeks ago: “Whatever happens in the Strait of Hormuz, energy markets have been changed for ever”. The Strait of Hormuz separates the Persian Gulf from the Indian Ocean. In The Persian Gulf are located the export ports of major oil and gas exporters … Continue reading The Strait of Hormuz Blockade Has Caused a Global Energy Crisis