Hormuz blockade threatens world oil provides | DW News
The Iran war and the blockade of the Strait of Hormuz are rattling global energy markets, with fears of rising fuel prices and wider economic fallout. International Energy Agency chief Fatih Birol warns the world could face a serious energy shock. Former CIA executive William Usher joins DW to assess the risks and who may be hit hardest.
Chapters:
00:00 Energy crisis at historic scale
00:26 Strait of Hormuz blockade drains global reserves
01:55 Interview with security expert William Usher
02:20 Usher predicts: June price shock to hit global economy
03:07 Asia already facing severe shortages
05:15 US–Iran standoff prolongs crisis
07:45 Why this crisis is worse and long-lasting
08:55 Food shortages and geopolitical instability risks
#straitofhormuz #iranwar #oil #energycrisis #dwcurrentaffairs
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