The Iran war is no longer confined to West Asia. The conflict between Iran, the United States and Israel is now sending shockwaves through the global economy. Key shipping routes, energy supplies and trade networks are facing major disruptions as tensions escalate across the Gulf.
The biggest concern is the disruption in the Strait of Hormuz, a critical maritime route that carries nearly 20% of the world’s oil and gas exports. Military threats and attacks on shipping have drastically reduced tanker traffic, triggering fears of a global energy crisis.
#gulf #hormuz #trade #iranwar #wion
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