The Iran war represents the biggest energy crisis since the Second World War because 20% of world oil and 20% of LNG flow through the Strait of Hormuz, and the disruption affects not only energy but also helium, fertilizer, and agricultural products globally.
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Daniel YerginEvidence Quote
“it's the biggest crisis since the Second World War...because 20% of world oil, 20% of LNG flow through the Strait of Hormuz”
Created: 8/12/2026, 6:41:21 PM
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