Anas Alhajji says the Hormuz crisis is set to reshape energy markets around higher costs and broader supply diversification. Brent has traded above $109, raisin

Anas Alhajji says the Hormuz crisis is set to reshape energy markets around higher costs and broader supply diversification. Brent has traded above $109, raising import bills as tensions in Hormuz and Saudi Arabia add recession risk amid weak global growth.