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Haizam Amirah Fernández, Middle East Expert: “a Closure of Ormuz Is a Weapon of Massive Socio-Economic Destruction”
7 Articles
7 Articles
The professor of international relations points to a long regional conflict, beyond Trump's messages, with effects around the world: from the price of oil, to a refugee crisis. "Those European leaders who applaud the attacks of Israel and the United States, on which planet do they live?", questionsThe effects of oil at $100: a psychological barrier that breaks forecasts and promises more inflation The executive director of the Center for Contemp…
Beyond the oil risk, the threat to the Strait of Ormuz could destabilise all industrial value chains. Energy prices, raw materials supply, maritime transport: Europe's economy is among the most exposed. A disruption of traffic...
Strait of Ormuz. Image: Generated with artificial intelligence Despite statements by U.S. President Donald Trump that the conflict in Iran would soon end, uncertainty still persists in the market about how long it could last. The area in which the fighting takes place is key to the oil and gas sector, since, along the Strait of Ormuz, south of Iran, it travels 20% of the world's oil. To this situation it is added that some projections indicated …
"The fate of the Strait of Ormuz will decide on the continuation of the conflict, it is the heart of the world economy," said Nicolas Meilhan, energy expert, on Tuesday on CNEWS. "The heart has stopped beating for ten days and if the situation were to last until April, it would be catastrophic," he added. CLICK HERE TO READ THE SOURCE ARTICLE ON www.cnews.fr L'article War in Iran: "The fate of the Strait of Ormuz will decide on the continuation …
Approximately 20% of the world's oil trade passes through the Strait of Hormuz.
Approximately 20% of the world's oil trade passes through the Strait of Hormuz.
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