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The Strait of Hormuz Could Trigger a Global Energy Crisis This Summer

May 31, 2026AL24 | الاقتصادal24news.dzTranslated from Arabic
The Strait of Hormuz Could Trigger a Global Energy Crisis This Summer

Warnings and concerns are rising about the implications of closing the Strait of Hormuz on energy supplies during peak demand in the summer, amid a rapid depletion of global oil stocks since the start of the war on Iran on February 28. Officials from the International Monetary Fund, the World Bank, and the International Energy Agency have warned of a potential global energy crisis during the summer months if supplies do not return...

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