ships going through, waiting or diverting journey

Commercial vessels are pictured offshore in Dubai on March 11, 2026. – | Afp | Getty Images Iran’s de facto blockade of the Strait of Hormuz has stoked fears of the gravest disruption to global oil supply in history, as the Middle East conflict stretches into its third week. The blockade has squeezed shipping traffic…

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How nations are coping with the Iran oil shock

A fuel nozzle is inserted into a combustion engine at a petrol pump at a filling station during a refueling process. Picture Alliance | Picture Alliance | Getty Images Countries around the world have scrambled to cope with the fallout of the energy shock from the Iran war, imposing measures from fuel export bans, loosening…

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