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Tag: oilpricehike

Geopolitics

The Real Oil Shock: How the West's Fractured World Chokes Global Growth

Crude oil shipments through the critical Strait of Hormuz have recovered significantly, yet global oil prices remain stubbornly high due to fractured logistics, soaring tanker costs, and constrained refining capacity. This exposed reality reveals how years of Western-backed wars and sanctions, and now the Iran war, have shattered the very infrastructure of the global energy system, making energy security a deliberate geopolitical chokehold used against the developing world.