Hormuz blockade threatens global oil supplies | DW News

The Iran war and the blockade of the Strait of Hormuz are rattling global energy markets, with fears of rising fuel prices and wider economic fallout. International Energy Agency chief Fatih Birol warns the world could face a serious energy shock. Former CIA executive William Usher joins DW to assess the risks and who may be hit hardest. Chapters: 00:00 Energy crisis at historic scale 00:26 Strait of Hormuz blockade drains global reserves 01:55 Interview with security expert William Usher 02:20 Usher predicts: June price shock to hit global economy 03:07 Asia already facing severe shortages 05:15 US–Iran standoff prolongs crisis 07:45 Why this crisis is worse and long-lasting 08:55 Food shortages and geopolitical instability risks #straitofhormuz #iranwar #oil #energycrisis #dwcurrentaffairs For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram:   / dwnews   ►TikTok:   / dwnews   ►Facebook:   / deutschewellenews   ►Twitter:   / dwnews   Für Videos in deutscher Sprache besuchen Sie:    / dwdeutsch   Subscribe: https://www.youtube.com/user/deutsche...