What would happen to UAE and global energy markets if Iran closed the Strait of Hormuz?
Monday, 23 June 2025 Tensions between Iran and Israel have renewed fears of a closure of the Strait of Hormuz, a vital energy artery for global oil and LNG trade. A blockade could trigger soaring prices, disrupt global supply chains, and spark inflation. While Gulf nations and global reserves offer some buffer, prolonged disruption would strain economies worldwide and heighten geopolitical and market instability.
India has doubled down on its decision to continue purchasing discounted Russian crude oil despite U.S. President Donald Trump's remarks suggesting New Delhi may halt such imports. Indian state-owned..
Uzbekistan taps rare materials with greener methods to support global supply chains
Uzbekistan is ramping up its mining exports — including uranium — to meet global demand for rare materials...
Credit: euronews (in English) Duration: 05:00Published
Trump Vs BRICS: In a move set to rattle global markets, former President Donald Trump has issued a severe warning to the BRICS nations and their allies. He threatens to impose a blanket 10% tariff on..
Oil prices surged over 7% following escalating tensions between Israel and Iran, raising concerns about potential supply disruptions. Brent crude reached levels... IndiaTimes
Amid escalating Iran-Israel tensions, India is proactively exploring alternative energy sources, particularly from West Africa, to safeguard its fuel supply.... IndiaTimes Also reported by •DNA
With Iran's Parliament approving a potential closure of the Strait of Hormuz following US strikes on its nuclear sites, energy markets face rising disruption... DNA
Monday, 23 June 2025
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