Smoke rises following a strike on the Bapco Oil Refinery, amid the US-Israeli conflict with Iran, on Sitra Island Bahrain. (REUTERS)

How Iran war triggered natural gas shock

One of the biggest if arguably predictable consequences of the US-Israel war with Iran has been Tehran’s move to block commercial traffic through the Strait of Hormuz. Given the huge amount of oil and gas that transits the narrow waterway, the threat long has been a key reason why direct military confrontation with the Islamic…

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