Gulf tankers struggle to export oil as shipping routes become unsafe

The ongoing Iran war is placing growing pressure on global energy supplies as disruptions affect two of the world’s most important oil shipping routes, the Strait of Hormuz and the Red Sea.

According to The New York Times, the conflict has disrupted energy markets and raised concerns about the movement of oil and other goods through the region. The Strait of Hormuz, a major route for global oil shipments, remains heavily restricted amid military tensions. Meanwhile, fighting involving Iran-backed Houthi forces has increased risks around the Red Sea and Bab el-Mandeb Strait.

Oil prices have consequently climbed, with Brent crude reaching nearly $110 a barrel. Analysts warn prolonged disruptions could worsen inflation and increase pressure on economies worldwide.