What would happen to UAE and global energy markets if Iran closed the Strait of Hormuz?
Monday, 23 June 2025 () Tensions between Iran and Israel have renewed fears of a closure of the Strait of Hormuz, a vital energy artery for global oil and LNG trade. A blockade could trigger soaring prices, disrupt global supply chains, and spark inflation. While Gulf nations and global reserves offer some buffer, prolonged disruption would strain economies worldwide and heighten geopolitical and market instability.
Oil prices surged as the U.S. joined Israel in striking Iran's nuclear sites, sending shockwaves across global markets. Tehran warned that U.S. aggression has widened its range of legitimate targets, with threats to close the Strait of Hormuz looming large. China condemned the attacks, calling U.S....
Today's stream dives into the latest U.S. strikes on Iran and the ripple effects across global markets. We'll break down how this geopolitical tension is impacting Bitcoin and the..
U.S. President Donald Trump broke his silence on the Strait of Hormuz crisis with an explosive post on Truth Social, urging oil producers to "KEEP OIL PRICES DOWN" and warning that they’re “playing..
On June 21, the U.S. attacked Iran’s key nuclear facilities at Fordow, Natanz, and Isfahan. Iran confirmed damage but said nuclear materials were moved beforehand with no leaks detected.
The UN..
Ship owners and global business leaders are watching the delicate situation in the Middle East amid concerns that global energy supplies would be badly impacted... Upworthy
LIVE UPDATES Dow, Oil Edging Up as Global Markets Await Iran Response to U.S. Attacks The S&P 500 and Nasdaq are also rising in premarket trading. Last Updated:... Upworthy
The Strait of Hormuz, through which around a fifth of the global oil supply is transported every day, remains at the centre of attention on Monday. Oil and LNG... Invezz Also reported by •IndiaTimes •Business Insider •OilPrice.com
Monday, 23 June 2025 ()
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