#oil-and-gas-disruption

#oil-and-gas-disruption

The US-Israel conflict with Iran has closed the Strait of Hormuz, disrupting global energy supplies and creating severe economic consequences for India, which depends on the Gulf for 80% of its gas and 60% of its oil.

Ukrainian drones attacked the Tikhoretsk Oil Hub in southern Russia, causing a major fire at a critical crude oil transshipment facility linked to Black Sea port exports.