The global energy market is under serious pressure as the ongoing war disrupts major oil supply routes, particularly in the Middle East.
Iran has imposed restrictions on shipping through the Strait of Hormuz, a critical channel for global oil transport. This has caused supply shortages and forced countries to compete for limited resources.
Countries such as China, India, and Japan are scrambling to secure oil supplies, while smaller economies are already facing fuel shortages.
Experts warn that the situation could worsen if the conflict continues, potentially leading to a full blown global energy crisis.
The rising cost of oil is expected to affect everything from transportation to food prices, increasing inflation worldwide.
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