Iran updates: Pakistan seeks 2-week pause after Trump warns 'whole civilization will die' if no deal by deadline
The near closure of the Strait of Hormuz since the war began has led to a historic oil supply shock, which quickly sent global energy prices soaring.
Key Points
- The near closure of the Strait of Hormuz since the war began has led to a historic oil supply shock, which quickly sent global energy prices soaring.
- Reported by CNBC.
Full Details
The near closure of the Strait of Hormuz since the war began has led to a historic oil supply shock, which quickly sent global energy prices soaring.
Why It Matters
Finance & Markets story from CNBC. Click Enrich in admin for detailed analysis.
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