Iran threatens a 100-day blockade of the Strait of Hormuz, a critical chokepoint handling 20% of global oil trade, risking oil prices surging to $130/barrel and triggering economic chaos. Even if tensions de-escalate, the IEA warns it could take two years for global oil and gas supplies to recover, with inflation spiraling and supply chains collapsing. Europe has just six weeks of jet fuel reserves left; mass flight cancellations loom, with airlines already cutting routes and raising fares. Insurance premiums for tankers have tripled, forcing reroutes around Africa, while prolonged disruptions threaten 1970s-style stagflation (economic stagnation + inflation). Some analysts suggest engineered energy crises…

Newswire

Features

The Latest

Editor's Picks