Quartz·2 min read·medium

Oil is up 11% this week. Ian threatened to crush regional infrastructure. The Strait is at risk again

Cris Tolomia
AI Summary

Oil prices have risen significantly following military strikes between Iran and regional infrastructure, raising concerns about global energy supply stability. The conflict has intensified, threatening critical transit routes.

Iran struck a Kuwaiti power and water facility as the U.S. completed a sixth night of strikes and Tehran warned of wider regional disruption

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