Latest / Prysmian Daily News Update
Oil tops $100 as Hormuz closure accelerates clean energy push - Mar 18, 2026
As of March 18, today’s news is dominated by significant geopolitical tensions and their ensuing impacts on global energy markets, particularly regarding the ongoing US-Israeli conflict with Iran. In light of the recent escalations in the Iran war, there is a notable surge in energy prices and renewed global efforts to reduce dependency on fossil fuels. The conflict has already closed off the vital Strait of Hormuz, leading to a warning of severe repercussions for the global energy supply chain. Following Iranian missile strikes and retaliatory actions by Israel, Brent crude prices have…
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