Anonymous22 days ago
Iran's effective closure of the Strait of Hormuz following the February 28 U.S.-Israel strikes has triggered the worst disruption to global energy supply since the 1970s, with tanker traffic collapsing by over 90%, at least 15 commercial vessels attacked, and naval mines seeded in the waterway. As oil prices surge past $90 a barrel and the IEA announces a record 400-million-barrel emergency reserve release, a French-led international naval escort coalition is forming alongside U.S. contingency plans, but mine-clearing challenges and ongoing hostilities mean the world's most critical energy chokepoint may remain effectively shut for months.