Iran's conflict endangers energy routes
The article points out that Iran's war, which led to the closure of the Strait of Hormuz—one of the most vital global oil export corridors—has begun to threaten the stability of world energy markets. Despite attempts by the international community to contain the repercussions through alternative routes and strategic stockpiling, the rise in oil prices from around $75 to $110 in September, along with the increased risk of reaching $150-$200, poses a significant threat. It is anticipated that escalating attacks and expanding supply disruptions will have widespread economic impacts, prompting a return to diplomatic dialogue as a means to de-escalate tensions and ensure stability in the energy market.
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