Africa is looking at its “Strait of Hormuz” as 20 billion euros in Spain-Morocco Gulf is growing amid global risks.
The growing conflict in the Strait of Hormuz is causing countries to re-evaluate global trade routes and explore new ways to reduce exposure to potential obstacles. The rush has increased amid warnings that any long-term disruption to the flow of oil could disrupt global oil supplies and push prices up sharply, with some estimates suggesting … Read more