The cost of crude oil affects everything from the price of food at the supermarket to how much it costs to fill up your car.
  • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
    22·
    1 month ago

    Iran may close the Strait of Hormuz, while Yemen could shut the Bab al-Mandeb.

    That would destabilize global energy markets in a hurry, and the west would go into economic tailspin as a result.