Search
Close this search box.
LN24 > Blog > Middle East energy crisis
Iranian Parliament Backs Strait of Hormuz Closure
23
Jun

Iranian Parliament Backs Strait of Hormuz Closure

  • LN24 / 5 months
  • 0
  • 8 min read

Oil Market Braces for Turmoil Iranian state-owned outlet Press TV has released a new report quoting Major General Kowsari, a senior member of the Iranian Parliament’s National Security Commission, who stated that the Parliament has reached the conclusion that the Strait of Hormuz should be closed, but the final decision in this regard lies with […]

U.S. Strike on Iran Sparks Investor Fears: Oil Prices Set to Surge, Global Markets on Edge
22
Jun

U.S. Strike on Iran Sparks Investor Fears: Oil Prices Set to Surge, Global Markets on Edge

  • LN24 / 5 months
  • 0
  • 3 min read

A U.S. military attack on Iranian nuclear facilities has sent shockwaves across the global economy, with analysts and investors warning that the escalation could trigger a volatile knee-jerk reaction when financial markets reopen. Energy prices are expected to spike sharply, while investors flee to traditional safe havens like gold, U.S. treasuries, and the dollar. Market […]