Gulf nations have found ways to keep oil flowing through the Iran war, but the costs are mounting
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Source: The Manila Times
Published: 2026-09-24 18:34 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Europe, Military & Defence, Iran, Energy, Economy & Finance, World News, Business & Economy, War & Conflict
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Snippet:
FRANKFURT, Germany — When Iran shut down the Strait of Hormuz at the start of the war, choking off sea passage for some 15 million barrels of oil a day, many feared that prices would skyrocket, cratering the world economy.
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