Strait of Hormuz Under Siege: How Iran Weaponized the World’s Most Critical Oil Chokepoint
Following the US-Israel decapitation strikes of February 28, 2026, the IRGC declared the Strait of Hormuz “effectively closed” to commercial traffic. With 20 million barrels of daily crude oil transit at risk, 750 vessels stranded, and London insurance syndicates pricing war-risk premiums at prohibitive
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