GLOBAL ECONOMY
Day 38 of the Strait of Hormuz Blockade: The Intersection of Trump’s Deadline and Ceasefire Negotiations
A panoramic view of the Strait of Hormuz. Situated between Iran and Oman and spanning approximately 34 km in width, this waterway is a critical energy corridor through which roughly 20% of the world's crude oil supply passes. A de facto blockade has persisted following the US-Israel airstrikes on Iran on February 28, 2026.
A panoramic view of the Strait of Hormuz. Situated between Iran and Oman and spanning approximately 34 km in width, this waterway is a critical energy corridor through which roughly 20% of the world's crude oil supply passes.…
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