The closure of the Strait of Hormuz after the US and Israel struck Iran in late February has sent shockwaves across the globe, with oil prices soaring and shipping disrupted. Nearly 90% of the oil and gas that passes through the strait is bound for Asian countries - but that has all but stopped since the start of the war. Military-backed authorities in the country, which has been engulfed by civil war since May 2021, have also brought in an alternate day policy for private vehicles and limited fuel consumption to only 35 litres a week.
Published at: 2026-03-30 22:03:59
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