1017 Did Trump Lose The Hormuz Bet? US' 'Epic Fury' Met With Iran’s Iron Fist, Who’s Really In Charge?

1 Mar 2026Iran’s Revolutionary Guards have blocked the Strait of Hormuz, a crucial oil shipping route, following strikes that killed Iran’s Supreme Leader. This escalation threatens global oil markets, potentially causing supply shocks and price increases, particularly impacting oil-importing countries like India. The situation raises concerns about potential disruptions to global energy supplies and broader economic consequences.