Shockwaves from the Strait of Hormuz: Global Energy Markets under Pressure

The United States‘ and Israel’s ongoing war against Iran has led to a factual blockade of the Strait of Hormuz enforced by the regime, a chokepoint above all for global crude oil and LNG supply chains. Cruise missiles and drones are targeted against oil and gas production facilities as well as refineries in several Arab States in the Gulf region. Prices for crude oil have passed the critical threshold of 100 US-Dollar per barrel. Rising inflation for the global economy would be the next logical consequence of this development.

Together with the renowned energy expert Samantha Gross, the economist Dr. Samina Sultan and our moderator Heike Buchter, we want to discuss: What does the current crude oil and LNG market situation look like internationally? How far can easing measures such as releasing strategic national oil and gas reserves range? Which perspectives for the resilience, security, and future of energy sources and markets are on the horizon to mitigate external shocks?

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