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War Drums Are Beating in the Strait of Hormuz | a Doomsday Scenario in the Global Economy.
Summary by A Haber
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Tensions are rising in the Strait of Hormuz, the heart of the energy corridor! With Israel going on "maximum alert" and the US building up its military presence in the region, all eyes are on Iran's most critical trump card. Experts speaking on A Haber stated that due to China's energy dependence and the US military presence in the Gulf, Tehran's move to "close the strait" is not as easy as it seems, and warned that a potential conflict could tr…
·Türkiye
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A potential closure of the Strait of Hormuz could trigger a sharp increase in oil prices on global markets, which would also impact the Polish economy. However, this is not the baseline scenario. Experts point to various aspects of this issue.
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