PNN – Since the beginning of the US and Israeli aggression against Iran and Tehran’s response to it, the world has witnessed disruptions in global shipping, especially the movement of oil tankers through the Strait of Hormuz; an issue that, along with the reduction in oil and gas production in some oil fields in the Persian Gulf countries, has rapidly affected the global energy market, world economy and caused a surge in prices.
According to energy experts, with a huge volume of the world’s oil and gas passing through this vital artery every day, any disruption, especially if tensions escalate, could deliver a price shock to the global economy, especially the United States, more severe than the war in Ukraine.
Trump and Netanyahu’s warmongering and brutal policies, in addition to the sacrifice of civilians and children, have caused serious inflammation and challenges in the markets and the global economy.
Although a few days after the invasion of our country and the beginning of a new round of conflicts, the price of oil has risen to $85 per barrel, some believe that given the scope of the conflicts and the blockage of the Strait of Hormuz, it could pose more serious challenges for the oil and energy market in the long term.