US EditionEnergy Crisis ‘Tip of Iceberg’ Unless Hormuz Reopens
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3 Articles
Energy crisis ‘tip of iceberg’ unless Hormuz reopens
Qatar minister urges resolution Full impact to emerge in months Ras Laffan repairs to take three to five years The global economy has seen only “the tip of the iceberg” of a looming crisis, with the full impact likely to emerge within months if the Iran conflict continues to disrupt Gulf energy exports, Qatar’s finance minister said. Stakeholders must reach a permanent and peaceful resolution to the stoppage of commercial shipping through the St…
"There will soon be problems not only with prices, but also with availability," the Qatari finance minister predicted.
According to the Qatari Finance Minister, global markets may face an even more bitter period than before, Iran International reported.
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