A sudden escalation in the Iran conflict has sent shockwaves through global energy markets, triggering sharp price surges and supply chain disruptions. Analysts warn of potential long-term instability as tensions threaten critical oil and gas routes, raising fears of broader economic fallout. The crisis has already forced traders to scramble for alternative sources, while governments prepare contingency measures. With geopolitical risks intensifying, businesses and consumers alike face mounting uncertainty over fuel costs and availability.
The industry is reeling from the energy shock unleashed by the Iran war
