The U.S.-Israeli war on Iran has triggered the most severe disruption to global energy supply in decades, halting shipping through the Strait of Hormuz, forcing production stoppages across the Gulf and driving warnings of catastrophic consequences for oil markets worldwide. The Strait of Hormuz, through which roughly 20% of global oil and liquefied natural gas … Continue reading War shuts Hormuz, cripples Gulf output and sends shockwaves through global energy supply