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#Global Trade Crisis

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Geopolitics

Iran, US Blockade Strait of Hormuz, Sparking Global Trade Crisis

The collapse of a ceasefire and escalating tensions between Iran and the US have led to the weaponization of the Strait of Hormuz, a critical global shipping route. This blockade is sparking a worldwide trade crisis, driving up costs, threatening fuel supplies for nations like India, and raising fears of global famine. The situation is reshaping international power dynamics and economic dependencies.

2 days ago