Strait of Hormuz Crisis — March 29, 2026

March 29, 2026. Strait of Hormuz Crisis. The Strait of Hormuz is at the center of a growing crisis that impacts global oil supplies and geopolitical stability. This narrow waterway is critical, with around 20% of the world's oil passing through it. Recent developments reveal how Iran's actions are reshaping maritime dynamics, influencing not just regional countries but the entire global economy. Just yesterday, reports emerge that Iran is earning about $1.5 billion each month from its oil expo