On July 21, local time, International Energy Agency Executive Director Fatih Birol issued a statement stating that the recent escalation of hostilities against energy infrastructure in the Strait of Hormuz and surrounding regions has heightened global concerns about energy supply security and market prospects. Birol specifically emphasized that the Strait of Mander is an important passageway through the Strait of Hormuz. On July 21 local time, International Energy Agency Executive Director Fatih Birol issued a statement stating that the recent escalation of hostilities against energy infrastructure in the Strait of Hormuz and surrounding regions has heightened global concerns about energy supply security and market prospects. Birol stressed in particular that the Mander Strait, as an important passageway through the Strait of Hormuz, is facing increasingly serious threats, further exacerbating market concerns. The threat is getting worse, further exacerbating market concerns.

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