Oil shipping through the Strait of Hormuz has been suspended due to security concerns, adding to fears of a major shock to global energy markets.

The Strait of Hormuz is one of the world’s most important sea routes for oil exports, as a significant portion of the global energy supply passes through it. The suspension of tanker movement has immediately raised concerns about a significant increase in oil prices.

According to reports, some shipping companies have started to redirect their tankers to avoid passing through this strategic corridor, while international markets are preparing for fluctuations and possible price increases in the coming days. /message

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Source: prizrenpost