1244 “Most People Have No Idea What's About To Happen After A Week Of Hormuz Being Closed"

10 Mar 2026The United States and Israel launched air strikes against Iran, killing the Supreme Leader. Iran retaliated by closing the Strait of Hormuz, a crucial energy choke point, causing a global oil crisis. The closure, triggered by drone strikes and a subsequent insurance crisis, led to skyrocketing oil prices and economic instability worldwide.The G7 discussed strategic reserve releases but held off. Trump offered naval escorts and government-backed insurance, but experts are sceptical due to the DFC’s limitations. The speaker expresses concern about the lack of a plan for the consequences of the conflict with Iran, including the impact on oil prices, alliances, and institutional damage.The closure of the Strait of Hormuz due to conflict has caused oil prices to surge, impacting global economies. The author outlines three potential scenarios: a quick resolution, a prolonged closure leading to economic recession, and escalation with further damage to infrastructure and increased casualties. The author emphasises the need for Congress to assert its role, leaders to communicate honestly, and citizens to demand accountability.