The widening conflict in the Middle East has paralyzed shipping through the vital waterway, choking off critical energy flows from the region
Oil prices held near multi-month highs on Thursday as attacks on tankers and the escalating conflict in the Middle East disrupted shipping through the Strait of Hormuz, one of the world’s most critical energy chokepoints.
The US–Israeli war with Iran entered its sixth day, with Washington and its ally expanding strikes across the Islamic Republic. Tehran has responded with waves of missile and drone attacks on Israeli and American targets, warning that further retaliation could follow.
What’s happening to…
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