Oil Supply Cripples As Cargo Ships, Tankers Stranded By Iran In Hormuz | VIDEO
Is the world's facing history's biggest energy crisis? The Iranian state television shared footage on Saturday allegedly showing cargo ships and oil tankers at a standstill in the Strait of Hormuz. Footage showed giant cargo vessels and oil tankers at a standstill, with small boats moving in the strait. Earlier this week, the head of the International Energy Agency warned on Thursday that energy markets could lose around 13 million barrels of oil per day due to the disruption to navigation in the strait.
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