Strait of Hormuz: A Flashpoint for Global Energy Supplies The recent attacks on tankers and energy assets in the Strait of Hormuz have sent shockwaves through global markets, with Brent crude oil surging above $100 a barrel.
This escalation in tensions between Iran and the US has brought the region's volatile situation to a boiling point.
The Strait of Hormuz, which carries nearly one fifth of the world's oil supplies, is once again at the center of this maelstrom.