Irish Finance Minister says Hormuz closure, not Ukraine, causing energy crisis

Europe Politics Sun, 20 Sep 2026 16:48:49 GMT Moderate confidence — 64/100

The closure of the Strait of Hormuz and Trump's war with Iran are causes behind the turmoil in the energy markets, not Ukraine's attacks on Russian diesel refineries.
Oil prices are hovering around $108 per barrel.

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The closure of the Strait of Hormuz and Trump's war with Iran are causes behind the turmoil in the energy markets, not Ukraine's attacks on Russian diesel refineries.
Oil prices are hovering around $108 per barrel.

Sources: Euronews