Keywords: Oil routes
The head of the International Energy Agency has warned that the disruption in the Strait of Hormuz may trigger lasting changes in global energy markets, even if the passage reopens. Executive director Fatih Birol said the era of heavy dependence on a single maritime chokepoint is nearing its end, adding......
Yemen’s Houthi forces launched their first direct strikes on Israel on Saturday, marking a new phase in the ongoing conflict involving the United States, Israel, and Iran. The escalation has raised concerns that the Red Sea, now a critical alternative route for oil shipments, could become a major......
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