The Straitjacket of War: How Oil Markets Are Being Squeezed from Every Angle The global energy market is facing a crisis fueled by multiple conflicts in critical oil producing regions.
Although the US and Iran have paused their attacks, the situation remains precarious, with several chokepoints and shortages threatening to disrupt supply chains.
Key shipping routes, including the Bab el Mandeb Strait and the Strait of Hormuz, are under threat.