Hormuz blockage is forging a new overland energy map for the Middle East
Senior Saudi statesman Prince Turki Al Faisal once told me that energy markets bind the world together. Coming from the man whose father, King Faisal, started the 1973 oil embargo – a near cataclysmic event at the time that saw the New York Stock Exchange shed almost half its value in a year, and us
AI Translated Summary:
The blockage of Hormuz is reshaping the energy landscape in the Middle East, highlighting the interconnectedness of global energy markets. This shift could have significant implications for regional geopolitics and energy security.
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