🎦 The Cost of War; Hormuz and the Tremors in Global Markets 🔹 According to the Wall Street Journal, the closure of the Hormuz Strait and attacks by Yemeni armed forces on Saudi-related ships in the Red Sea and the Bab al-Mandab Strait have posed challenges to oil transport routes. 🔹 This disruption has simultaneously impacted about 25% of the world's crude oil supply.
Translated regional report
The Cost of War; Hormuz and the Tremors in Global Markets
Automated translation and editorial curation by Middle East CatchSite publication
Original report: IRIB NewsOriginal publication Editorial policy
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