How a US-Israeli war on Iran could upend global oil and gas supplies
The Independent | Latest news and features from US, UK and worl…
February 25, 2026
Iran has threatened to shut down the Strait of Hormuz if the US and Israel launch a war against it. Given a quarter of seaborne oil and a fifth of global LNG shipments pass through this critical maritime route, such a move could prove catastrophic for major economies dependent on energy supplies from the Gulf, Namita Singh reports
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