Concerns escalate over potential disruptions in oil and gas supplies through the Strait of Hormuz
Global energy markets are currently on high alert due to the growing risk of supply disruptions in the strategically crucial Strait of Hormuz. This narrow maritime passage, essential for the transport of a significant percentage of the world's oil and gas, is now at the center of geopolitical tensions that could impact global supply chains. Recent movements and military activities in the region have heightened fears among traders and energy companies about the vulnerability of this passage. The Strait of Hormuz, which serves as a key artery for the flow of oil from the Middle East to international markets, is…