strikeMay 6, 2026

Iran’s New Oil Weapon

Summary

Despite a fragile cease-fire between the United States and Iran, the global economic crisis sparked by the closure of the Strait of Hormuz continues unabated.

Source: Gregory Brew — Read the full report

Actors involved

USIsraelIranRussiaChina

Sources

Gregory BrewBy Gregory Brew
Despite a fragile cease-fire between the United States and Iran, the global economic crisis sparked by the closure of the Strait of Hormuz continues unabated. Dueling blockades have kept 20 percent of the global oil supply, 20 percent of the global supply of liquefied natural gas…

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