Energy markets jolt as middle east heats up

Rising tensions near the Strait of Hormuz have driven oil and gas prices up, causing panic buying from Seoul to New York. Iran’s threats to disrupt this key shipping route raise fears of prolonged supply shortages, especially in Europe. The surge in energy costs could push inflation higher, strain households, and boost Russia’s energy revenues. TRT World’s Joel Flynn has more from London. Receive SMS online on sms24.me

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