What's happening in the Middle East?
After Israel and the US began bombing Iran on February 28, navigation in the Strait of Hormuz was severely disrupted. The Iranian authorities have blocked the route, and many shipowners avoid this route for safety reasons. A significant reduction in the transport of crude oil through the Strait of Hormuz, through which approximately 20% of crude oil passes under normal conditions. world volume of crude oil, resulted in a sharp increase in prices of this raw material around the world. US President Donald Trump said on Monday that “numerous countries” had told him they would help the US open the waterway.
