The Iran energy nightmare is becoming a reality
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Source: The Age
Published: 2026-03-05 18:35 UTC+10:00
Section: Business / The economy
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Iran, Energy, Economy & Finance, World News, Business & Economy, War & Conflict
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Snippet:
Energy analysts modelling a war involving Iran have long feared two developments: the Islamic Republic lashing out at its oil-rich neighbours and a blockade of the Strait of Hormuz, through which a third of global seaborne crude and a fifth of liquefied natural gas (LNG) transit daily.
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