🎦 The hands of the Strait of Hormuz are tightening around the neck of energy flow. 🔹 The heavy cost of the closure of the Strait of Hormuz for the global economy is pushing oil prices into the three-digit range. 🔹 Along with the rise in oil prices, the price of LNG has also reached its highest level since the beginning of the year.
Translated regional report
The hands of the Strait of Hormuz are tightening around the neck of energy flow.
Automated translation and editorial curation by Middle East CatchSite publication
Original report: IRIB NewsOriginal publication Editorial policy
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