{"id":33883,"date":"2026-05-06T14:53:08","date_gmt":"2026-05-06T12:53:08","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=33883"},"modified":"2026-05-06T14:53:08","modified_gmt":"2026-05-06T12:53:08","slug":"strait-of-hormuz-closure-rattles-global-energy-markets","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/strait-of-hormuz-closure-rattles-global-energy-markets\/","title":{"rendered":"Strait of Hormuz closure rattles global energy markets"},"content":{"rendered":"<p class=\"x_p1\">Global energy markets are in a state of high alert as the Strait of Hormuz remains effectively closed for the second consecutive month.<\/p>\n<div>\n<p class=\"x_MsoNormal\">This is causing oil prices to spike 44% above pre-war levels.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">While Washington&#8217;s &#8216;Project Freedom&#8217; attempts to escort stranded tankers, the risk for commercial shipping remains extreme.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">However, trade is finding a way, with regional ports and logistics operators such as Gulftainer offering an alternative route to the blockade.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">&#8211;Chanel Africa&#8211;<\/p>\n<\/div>\n","protected":false},"featured_media":13130,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-33883","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"Global energy markets","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/33883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/33883\/revisions"}],"predecessor-version":[{"id":33884,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/33883\/revisions\/33884"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/13130"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=33883"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=33883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}