Iran warns of wider blockade on oil, LNG and fertilizer
Iran issued a new warning that it could expand its blockade to oil, LNG, and fertilizer shipments just as global energy markets had begun to stabilize after months of prior disruption.
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AFBytes briefing
Disruption of oil, LNG, and fertilizer flows through the Strait of Hormuz would raise global energy and food prices, directly affecting U.S. household fuel and grocery costs.
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Iran issued a new warning that it could expand its blockade to oil, LNG, and fertilizer shipments just as global energy markets had begun to stabilize after months of prior disruption.