Europe’s energy security has been severely hit by the closure of the Strait of Hormuz. The Iran war halted tanker traffic in early March 2026, so flows of Qatari and Emirati LNG and Persian Gulf oil have been reduced or brought to a standstill.
Europe’s energy security has been severely hit by the closure of the Strait of Hormuz. The Iran war halted tanker traffic in early March 2026, so flows of Qatari and Emirati LNG and Persian Gulf oil have been reduced or brought to a standstill.