The Israeli-Iranian conflict hitting the Strait of Hormuz is renewing worries about oil prices and inflation. Here’s why.
Israel’s military strikes against Iran are raising concerns that Tehran could retaliate by closing the Strait of Hormuz, potentially disrupting oil and gas supplies and unleashing a fresh wave of inflation across the globe.
Israel’s military strikes against Iran are raising concerns that Tehran could retaliate by closing the Strait of Hormuz, potentially disrupting oil and gas supplies and unleashing a fresh wave of inflation across the globe.
