‘Tsunami effect’: Hormuz blockade impacts global supply chains, developing countries curtail imports
With oil prices surging past $126 per barrel, Nadia Massih is joined by Amena Bakr, Head of Middle East Energy & OPEC+ Insights at Kpler in Dubai. The Hormuz blockade, she argues, exposes the fragility of global energy systems far more than political signalling ever could. Her warning extends beyond price volatility. She describes the broader economic repercussions as a “tsunami effect,” highlighting how supply chain disruptions and energy shortages ripple outward, particularly impacting import-dependent economies in Asia and vulnerable developing nations already curtailing consumption.
#Oilprices #Iran #US
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16 Comments
Climate Change is a hoax.
President Epstein screwed over the whole world.
This war has been a massive wealth transfer . Whether from Europe and asia buying US oil , consumers paying more for gas, or military companies winning big contracts and a massive budget increase . No wonder Trump wants to keep the Straits closed
Big Oil made Billions with Trumps war.
Bye bye Republicans in mid-term elections.
The Europeans are pretty good at talking, just talking ok. As far as needed actions go, they don't have any meaningful ones. Hahaha…while the EU block is on fire due to high costs of living and lack of energy security and uncontrolled mass immigration, the Europeans elites are still talking on how to put out the fire. Look at the American, they got the mullahs on the run and open up the strait. This’s why the EU block is lost block for years to come.
We the people simply can't trust what politicians and so called experts say. Politicians are out and out liars, and experts are paid by interested parties so can't be trusted either.
This is not new we are tired of the same story everyday
Oil is everything as we have seen. Will the left ever admit it??? That is the real question. YMMV
What can the EU do about anything??? They can put out a really good but expensive cheese plate…😅
It's not an impasse, it's a pause. Iran is in a economic death spiral, it's a question of weeks.
Here in UK is cheap
1.55 per litre of petrol
Everybody keeps talking like it's going to open back up LOL you guys are all delusional
Just bought my first electric car.
Can't rely on oil do you think there will be a shift towards other sources of energy?
What an insightful question.. If there's no bread, do we need to find something else to eat, your thoughts?
The US and Israel are plunging
the World into Economic chaos