Geopolitics
Iran Blocks Strait of Hormuz and Oil Prices Skyrocket: The Chokepoint That Could Paralyze the World Economy
Iran restricts passage through the Strait of Hormuz in retaliation for US attacks. Oil surpasses $130 and markets panic. Understand why 21% of the world's oil depends on a 34 km channel.
⏱️ 10 min📅 2026-03-27