Iran's Hormuz Move: Global Economy at Risk, US Strategies May Fail

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News18•17-02-2026, 19:18
Iran's Hormuz Move: Global Economy at Risk, US Strategies May Fail
- •Iran temporarily closed parts of the Strait of Hormuz, citing security and ship safety during military exercises.
- •Experts view this as a direct message to Washington, demonstrating Iran's control over the critical oil supply route.
- •The Strait of Hormuz is a vital global energy lifeline, with 20-30% of the world's crude oil passing through it.
- •A prolonged closure could cause oil prices to skyrocket, collapse economies, and trigger an uncontrollable inflation storm.
- •Iran's Supreme Leader Khamenei warned that Iran can sink US warships, highlighting its strategic advantage in the Strait.
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