Strait of Hormuz Shipping Crisis

The global energy market is facing severe disruption as over 3,000 vessels, including hundreds of oil tankers, remain stranded at the entrance to the Persian Gulf.

Iran has reportedly weaponized the Strait of Hormuz by deploying naval mines and imposing strict daily limits on vessel transit.

While the U.S. administration demands an immediate reopening, Tehran is using its control of the chokepoint as leverage in broader regional negotiations.

The continued standstill has driven North Sea oil prices to record highs and sparked fears of systemic fuel shortages in Europe and Asia.