The Financial News

The Financial News

Hormuz standoff the ‘largest supply shock’ ever experienced, says global energy expert


Traffic through the Strait of Hormuz has come to a virtual standstill since the U.S. and Israel attacked Iran almost two months ago. Around 20% of the world’s petrochemical production normally flows through the strait, and the ripple effects of the drastic cut grow daily. To explore the downstream effects and the turbulent time ahead, Geoff Bennett spoke with Karen Young.

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