https://www.taxtmi.com/news?id=72251 Global oil markets remained volatile amid escalating military action involving Iran, Israel and the United States, with attention focused on the threatened reopening of the Strait of Hormuz and the wider disruption risk to energy supply routes. The shipping and trade implications of the Strait of Hormuz were highlighted as especially significant for countries dependent on imported energy, including Japan and South Korea, which were reported to be seeking reserve releases and alternative transport routes. en-us Mon, 06 Apr 2026 18:01:03 +0530 Mon, 06 Apr 2026 18:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72251 Global oil markets remained volatile amid escalating military action involving Iran, Israel and the United States, with attention focused on the threatened reopening of the Strait of Hormuz and the wider disruption risk to energy supply routes. The shipping and trade implications of the Strait of Hormuz were highlighted as especially significant for countries dependent on imported energy, including Japan and South Korea, which were reported to be seeking reserve releases and alternative transport routes. News - Mon, 06 Apr 2026 18:01:03 +0530 https://www.taxtmi.com/news?id=72251