Iran war energy crisis: how bad could it get? – The Latest

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  There will be different players with different sensitivities to this crisis.

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  It makes it a lot more complicated to negotiate.

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  The U.S. Blockade on Iran's cargoes, that will be a major blow to Tehran.

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  Tonight, President Trump announcing the U.S. Seized and boarded an Iranian cargo ship today.

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  Posting on social media, the 900-foot Tuska tried to evade the U.S. Blockade.

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  The U.K.

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  Is more exposed than a lot of our neighbors.

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  And it's ideally a lesson that would have been learned after the Russia-Ukraine crisis.

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  But here we are in 2026 and we are debating the same things.

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  Oil and gas prices have surged yet again after a re-escalation of hostilities in the Strait of Hormuz and more uncertainty

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  over the future of the US-Iran ceasefire.

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  From The Guardians today in Focus, this is The Latest with me, Lucy Hoth.

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  With me is Gillian Ambrose, our energy correspondent.

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  Thanks so much for coming up to the studio, Gillian.

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