The head of 'Shell' warns against 'a tremendous effect' in the case of closing the street of hormuz

Shell, one of the world’s largest traffickers and natural gas, has a plan to confront emergencies if the conflict between Israel and Iran disrupts the energy from the region, and the company warns that the closure of the street of hormuz could cause a huge shock to the world markets. “If this artery is closed for some reason, it will have a tremendous impact on world trade, and we have a plan to counteract the decline of the situation,” said CEO Wael Swan said during the Japan’s energy council and exhibition in Tokyo. Worldwide energy markets are witnessing a state of extreme anticipation and involvement with the ongoing conflict between Israel and Iran, in light of the possibility that the United States will decide to participate in the attack. Warning for the interruption of energy flow so far, and despite the high prices of crude oil due to tension, no significant interruption has occurred in energy flow, but the market in the market is in the case of extreme bloating in anticipation of its incidence. It goes about a quarter of the global oil trade through the street of Hormuz, which connects the Arab Gulf to the Indian Ocean. In the past, Iran targeted the ships that moved through this now maritime intersection and repeatedly threatened to close it. In recent days, ships in the area have been disturbed. Swan said: “What is particularly concerned at the moment is the confusion that happens,” noted that maritime navigation signals are disrupted in the Persian Gulf and its environment. He explained that the Shell Company ‘has the maximum caution’ about oil delusions from the Middle East envisaged due to the conflict. Over the past few days, Qatar has asked to stay outside the sea street until it is ready to download, while the Japanese shipping business “Nippon Yusen” recommends its ships to keep a safe distance from the coast while sailing in the Iranian waters.