Iran war oil prices: Brent Crude rises as Strait of Hormuz supply threatens global markets Posted on March 2, 2026March 2, 2026Author Deena ZaidiPosted in Asia-Pacific, China, Graphs, Graphs, Markets, Middle East, Politics & Policy, United States of America, World economy, World Economy, World trade Oil prices surged after U.S. and Israeli strikes on Iran raised fears of Strait of Hormuz disruption, a chokepoint that carries about 20% of global crude supply.
Why the Strait of Hormuz remains the world’s most critical oil chokepoint Posted on February 28, 2026March 2, 2026Author Deena ZaidiPosted in China, United States of America, World economy, World Economy, World trade Following series were published in June, 2025 and is being republished due to the recent shift in geopolitics around the Strait