Israel joins the US, UK, Germany, Turkey, Saudi Arabia, Qatar, Canada, Oman, Jordan, Kuwait, Bahrain, and others as Iran re-closes the Strait of Hormuz, escalating a global oil crisis and disrupting Gulf tourism and trade.

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Israel joins the US, UK, Germany, Turkey, Saudi Arabia, Qatar, Canada, Oman, Jordan, Kuwait, Bahrain, and others as Iran re-closes the Strait of Hormuz, escalating a global oil crisis and disrupting Gulf tourism and trade.

Central Asia is emerging as a powerful energy hub in the midst of the global oil crisis, harnessing its vast reserves and cutting-edge pipelines to rival traditional suppliers. This transformation is redefining energy geopolitics and shaking up global markets

IEA chief warns global oil inventories may be depleted within weeks as the Iran conflict disrupts supply. This escalating crisis heightens fears over tightening supplies amid surging demand, sending shockwaves through energy markets worldwide

India’s reliance on oil imports leaves it vulnerable amid global supply shocks. Despite efforts to diversify energy sources, rising demand and geopolitical tensions continue to challenge its energy security.