Global oil and gas prices have soared as the war has disrupted energy exports from the Middle East. The Strait of Hormuz, a narrow strait that can transport about one-fifth of the world’s oil, has been virtually closed since the start of the local civil war, raising concerns about a global economic crisis. According to reports, traffic has decreased by about 80%, but how long will it take to feel the effects? Nosheen Iqbal speaks to John Collingridge, head of business at the Guardian. – Watch on YouTube