Could the oil shock push fuel prices even higher? | Counting the Cost

Al Jazeera English1 hour ago28:01

The world’s main energy arteries are under pressure. The old energy map was built on the assumption that the Strait of Hormuz would keep functioning reliably. The conflict in the Middle East has shattered that certainty. Now, the Red Sea and Black Sea routes are also under strain, forcing producers to find new ways to keep oil moving. The shortage is no longer just oil, it is also the ships and infrastructure needed to move it. Shuttle tankers are keeping energy flowing through Hormuz, but at a much higher cost. Fuel markets remain tight and the economic fallout is spreading. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X : https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.news/AJEMobile