Published: Mar 23, 2026, 12:30 IST | Updated: Mar 23, 2026, 12:30 IST
Global energy markets are under intense pressure as disruptions threaten up to 400 million barrels of oil supply. Key oil fields, ports, and terminals have reportedly been targeted, raising concerns over supply stability. The Strait of Hormuz, a critical chokepoint for global oil flow, remains under threat, making markets increasingly volatile. Analysts warn this could trigger sustained high prices and wider economic ripple effects if the situation escalates further.