UK Oil Crisis: Blockade Could Deplete Supplies by November

The UK could run out of oil by late November if the blockade in the Strait of Hormuz continues. This vital waterway is crucial for global oil shipments, and its disruption is causing petrol prices to rise sharply. Currently, prices are up by more than 20 percent in just a few weeks. What's interesting is that the UK relies heavily on imports, with around 30 percent of its oil coming through this strait. If the situation doesn’t improve, fuel shortages could become a reality for drivers across the country. The bottom line is this blockade not only affects oil supplies but also impacts your wallet at the pump.