#oil-disruption

#oil-disruption

The war's costs are nonetheless mounting. More than $16 billion has been so far, 13 U.S. troops have been, and Iran's grip on the Strait of Hormuz has slowed shipping traffic to a trickle, creating a historic oil disruption that has sent global energy markets into turmoil.

As oil flows come under threat due to the Iran war, parts of Asia are already under strain. Fuel supplies are tightening, prices are rising, and some countries warn stocks may run out.