Hormuz closure divides oil fortunes

A Reuters analysis shows that countries lacking pipeline alternatives to the strategic waterway are hemorrhaging revenue as the war in Iran persists.

Global shipping companies estimate it will take at least two months to resume normal operations in the Persian Gulf even if a ceasefire is reached tomorrow.

Meanwhile, OPEC+ members have agreed to boost output only once the strait is officially reopened to ensure market stability.

The economic disparity is heightening regional tensions as the conflict continues to reshape the global energy landscape.