The threat of oil crisis is again looming over the world, after Hormuz, Houthi occupation has spoiled many important routes.
Iran. The crisis regarding global energy supply seems to be deepening. The Strait of Hormuz is already closed and now the routes to the Red Sea and Bab-el-Mandeb have also become difficult. The Houthis this week targeted Saudi Arabia across the border from Yemen. Along with this, occupation of the important port Mokha in the … Read more