Global Oil Markets Face War Shock

The energy crisis triggered by the Middle East conflict is rippling through the global economy, impacting everything from consumer gas prices to industrial manufacturing.

President Trump's refusal to provide a clear timeline for the end of hostilities has led market participants to brace for a long-term disruption of one of the world's most vital shipping routes.

In response, countries like India and Canada are seeking alternative supplies, while airlines are already implementing fuel surcharges.

Experts warn that a sustained closure of the Strait of Hormuz could lead to global fuel rationing and significant inflationary pressure.