LIVE | Oil Above $80: How the Iran War Is Shaking Global Energy | Vantage with Palki Sharma | N18G

Описание: Oil has become one of the biggest casualties of the war in West Asia. Brent crude has surged past $80 a barrel, rising nearly 15 percent in just one week as markets react to growing supply risks.
The Strait of Hormuz — a narrow waterway through which more than 20 percent of the world’s oil flows — has effectively slowed down, with tanker traffic plunging and insurers refusing coverage. Energy infrastructure is also coming under attack, raising fears of deeper supply disruptions.
With oil markets already tight, the big question now is whether prices could cross the $100 mark — a level that would ripple through fuel costs, transport prices, and inflation worldwide.

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