"Global Oil Supplies Hang in the Balance as Iran Blocks Strait of Hormuz In a dramatic escalation of the ongoing conflict between the US, Israel, and Iran, Tehran has taken a bold move by blocking the Strait of Hormuz, a critical waterway that connects the Persian Gulf to the Gulf of Oman and is a major artery for global oil supplies. The blockade, which began on February 28, has sent shockwaves through the international community, with experts warning of severe disruptions to the global energy market. The Strait of Hormuz is responsible for transporting over 20% of the world's oil exports, and any prolonged closure could have far-reaching consequences for economies around the globe. As tensions continue to rise, the world waits with bated breath to see how this crisis will unfold."
After the US and Israel launched a war on Iran on February 28, Tehran blocked the Strait of Hormuz.