Tensions between Israel and Iran have raised concerns over the security of the Strait of Hormuz, a crucial passage for global oil and LNG trade. The Strait is vital, funneling a significant portion of the world's energy supplies. Analysts warn that any disruption could lead to severe consequences for global markets, with potential price surges for crude oil and LNG. Despite a low probability of full closure, the threat alone is causing volatility in energy prices, with significant implications for both Asian and European markets. Teljes cikk (Euronews.com)