For the first time in twenty years, the international community has formally escalated its nuclear concerns about Iran to the United Nations Security Council, even as a live military conflict reshapes the Persian Gulf's role in the global energy order. The Strait of Hormuz — that narrow passage through which a fifth of the world's oil has long flowed — has become both a battlefield and a barometer of how fragile the architecture of global commerce can be. Six months into a grinding conflict between the United States and Iran, the world watches two nations harden their positions while diplomats
Iran escalates Strait of Hormuz blockade as oil spikes above $100; Trump vows war continues past midterms
Military attacks on commercial vessels and oil tankers in Strait of Hormuz affecting merchant shipping and regional maritime security.