03/10/2026
The escalating war between Iran, the U.S., and Israel has triggered a global oil emergency, with prices surging past $100 per barrel and supply chains through the Strait of Hormuz nearly paralyzed. India, China, Europe, and other oil-dependent economies face immediate economic shocks, while experts warn of prolonged volatility unless coordinated solutions are adopted.
Strait of Hormuz Blockade Pushes Crude Prices Beyond $100, Shaking World Economies The escalating war between Iran, the U.S., and…