The closure of the Strait of Hormuz following the outbreak of military conflict with Iran on Feb. 28, 2026, is the latest example of a geopolitically driven oil supply disruption. Recent Federal Reserve Bank research quantifies the potential effects on global output, allowing detailed analysis of a range of scenarios.
Why the Red Sea remains one of the world's most dangerous shipping routes
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Why the Red Sea remains one of the world's most dangerous shipping routes
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The warning has raised fears that the Iran conflict could threaten another critical shipping route, putting global energy supplies, international trade and maritime security under pressure. Also Read: Iran tells Houthis to close Red Sea gateway if US hits power network, sources s…
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During the U.S. maritime blockade from April to mid-June, authorities report that over 140 vessels were redirected and nine were disabled near the Strait. These figures, which appear to relate to a specific U.S. initiative, should be independently verified.
The Islamic Revolutionary Guard Corps is structured into five main branches, including the Ground Forces, Aerospace Force, Navy, Quds Force, and Basij, under a command hierarchy that reports to the Supreme Leader. Reports indicate the organization maintains a substantial economic portfolio, estimated by some analyses to represent 20-40% of Iran’s economy, while also wielding significant political influence.
Recent developments since February 2026 suggest ongoing adjustments to its operational structure in response to heightened security threats.
UNHCR estimates the Afghan national population in Iran at 4.4 million as of January 2026, encompassing both registered and unregistered refugees. Reports indicate this group may face compounded risks due to factors such as pre-existing socioeconomic marginalization, insecure legal status, and limited access to services alongside exposure to displacement.