Major oil crisis ahead? Singapore PM’s sinister Hormuz warning goes viral as Trump meets Xi in China
Published on May 14, 2026 09:42 pm IST
Singapore Prime Minister Lawrence Wong has issued a stark warning over the growing Strait of Hormuz crisis, urging citizens to “brace ourselves” for a more difficult period ahead as global tensions intensify. Wong compared the current situation to the devastating oil shocks of the 1970s, warning that disruptions to shipping lanes and energy flows could potentially become even worse. His remarks come amid fears of renewed confrontation involving Iran, the United States, and Gulf shipping routes. Analysts warn that any prolonged disruption in Hormuz could trigger soaring oil prices, inflation spikes, economic slowdown, and wider geopolitical instability worldwide.
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