Without a reopening of the Strait of Hormuz, costs could soar, triggering a cascade of events that cause the fuel system to seize up https://www.economist.com/finance-and-economics/2026/04/21/global-energy-markets-are-on-the-verge-of-a-disaster?taid=b1a29f89-7ce1-43cf-b6ca-855cd0dba7b3 Photo: Reuters
