Strait talking: Energy markets rocked as conflict intensifies
Energy prices spike after Qatar closes its LNG base and the Strait of Hormuz remains shut
World Business Report · BBC World Service
March 3, 20268m 57s
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Show Notes
Natural gas prices spike in Europe after Qatar closes its LNG base. Meanwhile the Strait of Hormuz closure sends crude oil higher and its importance in the shipment of fertiliser ingredients could have major effects on global crop production this year, the boss of Yara says