Oil volatility will cause irreversible changes to energy markets, expert warns (opens original article in a new tab)

Oil market volatility driven by the Iran war is prompting global shifts in energy strategies and infrastructure investments.

• Global economies are shifting energy focus away from the Middle East due to Iran war pressures.
• Oil price volatility and potential tolls on the Strait of Hormuz could disrupt global trade.
• Iran's Gulf neighbors plan to invest in pipelines to bypass the Strait's oil transit.