Hormuz blockade threatens global economy amid US-Iran conflict
War in the Middle East has engulfed the Strait of Hormuz, pulling the US into the centre of a global economic crisis. What was once a hypothetical threat is now a stark reality. With active warfare raging across the region, the United States is fully entrenched in a major conflict. The Strait of Hormuz, the critical chokepoint responsible for carrying nearly a fifth of the world's oil, has transformed into a naval battlefield.
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