Strait of Hormuz Tensions Escalate, Global Energy Markets on Edge The latest attacks on oil tankers in the Strait of Hormuz have sent a chilling message: this conflict is far from over.
The near simultaneous strikes on two supertankers carrying Saudi crude are a stark reminder that the economic war between Iran and the US has no clear endgame.
Global energy markets are trembling as they recall the chaos of last summer's oil price spike, which was sparked by similar tensions in July.