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 voiced deep concern over the escalating Iran-Israel war following U.S. airstrikes on Iran’s nuclear sites. PM Narendra Modi spoke with Iranian President Pezeshkian, urging de-escalation and a return to diplomacy. With strategic interests in Chabahar and heavy dependence on Gulf oil, India...
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..
FIAT proudly launches the new Grande Panda Hybrid, marking a significant milestone in its global product strategy and supporting the electrified transition to a broader audience thanks to its new..
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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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