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New fuel price hike
06.06.2026 - 22:01 378 viewed
New Fuel Price Hike Expected Across Ukraine
Iran blocks the Strait of Hormuz: world loses 1.2 billion barrels of oil
06.06.2026 - 19:21 415 viewed
Global Oil Markets Lose 1.2 Billion Barrels After Iran Shuts Down the Strait of Hormuz

The Crisis at the Strait of Hormuz Iran’s closure of the Strait of Hormuz has triggered a nightmare scenario for global energy markets, causing massive losses in oil and gas trade. Before the crisis, roughly 70 oil and gas tankers passed through the strait each day. In May, however, only four tanker...

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