Price shocks caused by the suspension of commercial traffic through the Strait of Hormuz could “kill us all,” President Aleksandar Vucic has said
European nations are facing “a literal hell” due to an energy price surge caused by the US-Israeli war with Iran, Serbian President Aleksandar Vucic has said.
Tehran’s retaliation to the regime-change military action launched on Saturday has disrupted crude and liquefied natural gas (LNG) shipments through the Strait of Hormuz, a critical maritime choke point. With markets already in shock, import-dependent nations are on the brink of a major crisis, Vucic warned on Tuesday.
“We are entering an…
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