The Israeli-Iran War threatens to paralyze the global oil and gas market

With the escalation of the Israeli-Iranian conflict, 1 of the top spectras of modern energy geopolitics returns: the threat of blocking the Strait of Ormuz. Although the authorities in Tehran have not announced specified a step explicitly, the very anticipation of disrupting the transport of natural materials through this narrow, strategical passage raises serious concerns in the planet markets. The Ormuz Strait is simply a narrow water strip linking the Persian Gulf to the Oman Gulf and...