Strait of Hormuz: A Powder Keg for Global Stability The ongoing conflict in the Middle East has reached a boiling point, with the United States launching its 10th consecutive night of airstrikes on Iran.
The escalation is a stark reminder that the region remains a powder keg for global stability, with the fate of world energy markets hanging precariously in the balance.
One of the most worrying developments is the increasing involvement of Houthi rebels in Yemen, who have announced plans to prevent Saudi Arabia from shipping oil through an alternate route in the Red Sea.