Hormuz bypasses? Few alternatives, great risks

Since late February, the Strait of Hormuz—the artery for nearly 20% of global oil and gas flows—has been effectively shut, following Iranian retaliation to US and Israeli strikes and direct threats…

Al Majalla - London

Hormuz's effective closure cripples global oil trade

The Strait of Hormuz remains one of the most vital arteries of the global energy system, serving as a critical passage for crude oil moving from the Gulf to international markets. Its strategic…

Al Majalla - London

Markets brace for possible oil shock amid US-Iran war

Amid the US-Israeli war with Iran, traders are pricing in the possibility of an oil shock, particularly if tensions threaten traffic through the Strait of Hormuz, the artery through which roughly a…

Al Majalla - London