Iran Tensions: What a Gulf Oil Shock Means for Zambia

2026-03-02 - 11:38

🇿🇲 EXPLAINER | Iran Tensions: What a Gulf Oil Shock Means for Zambia Military escalation involving the United States, Israel and Iran has shifted global attention to one narrow waterway between Oman and Iran. The Strait of Hormuz carries about 20% of the world’s oil supply and a similar share of seaborne gas. According to