Published: Mar 11, 2026, 01:30 IST | Updated: Mar 11, 2026, 01:30 IST
Iran’s blockade of the Strait of Hormuz continues to raise concerns over global energy supplies and maritime security. The strategic waterway is one of the world’s most important oil transit routes, with a significant share of global crude shipments passing through it.
Saudi Arabia’s Aramco CEO has warned that the situation could lead to “catastrophic consequences” for global energy markets if disruptions persist. The warning highlights growing fears of supply shocks and wider economic impacts as tensions in the region remain high.