Global Energy Crisis: Iran Blocks Strait of Hormuz and Ukraine Targets Russia's Oil Export Port

Moscow: The world is facing the biggest energy crisis in history. On the one hand, Iran has blocked the passage of 20 million barrels of oil per day by closing the Strait of Hormuz, on the other hand, Ukraine has carried out a surgical strike on Russia's largest oil export port'Primorsk'located on the Baltic Sea. On the other hand, Ukraine used 249 drones in this attack late on Sunday, some of which have caused a huge fire targeting large oil tanks. Primorsk port processes 1.5 million barrels of oil per day and is the end point of Russia's Baltic pipeline. With this port closure, countries like India that depend on Russian oil will now be able to get'crude '. The timing of this attack is highly indicative. US President Donald Trump gave Iran an ultimatum of 48 hours, and at the same time, Russia's oil supply has been hit. Experts believe that the huge shortage of oil in the global market has meant that both the Saudi Aramco and the U.S.S. Aramco oil refinery will not be operational every day.