which countries will be hit the most

which countries will be hit the most

Commercial ships anchor off the coast of the United Arab Emirates attributable to navigation disruptions in the Strait of Hormuz, Dubai on March 2, 2026. Anadolu | Getty Images The closure of the Strait of Hormuz by Iran is sending shockwaves throughout international power markets, with Asia anticipated to face the most ache. A senior…

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What it means for global shipping

What it means for global shipping

Iranian Navy troopers at an armed pace boat in Persian Gulf close to the strait of Hormuz about 1320km (820 miles) south of Tehran, April 30, 2019. Morteza Nikoubazl | Nurphoto | Getty Images The escalating war in the Middle East has ratcheted up fears of extended disruption to global commerce through key maritime corridors…

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