
Bloomberg · Mar 2, 2026 · Collected from RSS
Oil prices spiked after the Iran conflict disrupted traffic through the Strait of Hormuz, the critical chokepoint that handles roughly a fifth of the world's oil supply. Brent crude surged to its highest level in more than a year as tanker movements through the waterway largely halted, sending shockwaves through global energy markets. Sara Vakhshouri, President & Founder at SVB Energy International spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the potential disruptions from the strikes. (Source: Bloomberg)