India, March 2 -- The escalating conflict between the United States and Iran has created fresh uncertainty in global energy markets. The impact is not limited to one country or region. Because oil and gas supply chains are deeply interconnected, any disruption in the Gulf can quickly affect economies across Asia, Europe, Africa and the Americas. Rising geopolitical tensions are now forcing governments and investors to closely monitor global energy flows.

US Israel Attack Iran: Why the Strait of Hormuz Is Critical for Global Energy Supply At the centre of global concern is the Strait of Hormuz, one of the world's most important maritime energy corridors. Nearly 20 percent of global oil supply passes through this narrow waterway every day...