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Middle East Escalation – These Countries Hit Iran with an Oil Blockade Right in the Heart

Summary by fr.de
The situation in the Middle East is getting worse, and an important waterway could be blocked, which is causing concerns about oil prices.

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hna.dehna.de
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The situation in the Middle East is getting worse, and an important waterway could be blocked, which is causing concerns about oil prices.

In 1973, Arab oil exporters stopped selling to the United States and selected Western European countries. This was a punishment for those countries' support for Israel in the war with Egypt and Syria, and the embargo resulted in sharp increases in fuel prices on those markets, serious shortages at gas stations, and in the case of the US, huge protests by transport companies. But are we now facing a repeat of this situation, in connection with th…

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hna.de broke the news in on Monday, June 23, 2025.
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