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IMF, World Bank, IEA chiefs warn of summer fuel scarcity if Strait of Hormuz remains closed
Power & DiplomacyMoneycontrol30 May, 01:45 amAtlasHour
Power & Diplomacy

IMF, World Bank, IEA chiefs warn of summer fuel scarcity if Strait of Hormuz remains closed

The US-Israel war on Iran has engulfed the Middle East in conflict, with Tehran's retaliatory action targeting Washington's regional allies and virtually blocking the key waterway, through which a fifth of global energy supplies normally pass

Source-linkedAtlasHour DeskMoneycontrol30 May, 01:45 am

What happened

The US-Israel war on Iran has engulfed the Middle East in conflict, with Tehran's retaliatory action targeting Washington's regional allies and virtually blocking the key waterway, through which a fifth of global energy supplies normally pass

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AtlasHour context: this story may affect public policy, global affairs, business confidence, technology direction, energy security, or civic life.

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Moneycontrol

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