Warning: Oil giant fears massive disruption if Hormuz shuts amid Iran-Israel conflict

  • Posted on June 19, 2025
  • By Business News Today
  • 1 Views
Warning: Oil giant fears massive disruption if Hormuz shuts amid Iran-Israel conflict

Shell warns that escalating tensions between Israel and Iran, potentially disrupting the Strait of Hormuz, could severely impact global trade. With a quarter of the world's oil passing through this chokepoint, disruptions could affect energy-dependent nations like India. The situation is further complicated by signal jamming and potential US involvement, raising concerns about supply disruptions and rising oil prices.
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