#energy security

Strait of Hormuz Crisis: Global Energy and Food Security Catastrophe

The Iran war triggered closure of the world's most critical energy chokepoint, causing the largest supply disruption since the 1970s. Despite a nominal ceasefire, the US and Iran exchanged fire in the strait on May 7, 2026. The US struck civilian port cities Qeshm and Bandar Abbas; a cargo vessel was hit, killing one sailor. A massive oil spill (71 sq km, ~80,000 barrels) from Kharg Island confirmed by Copernicus satellite imagery. Iran declared the ceasefire violated; the strait remains effectively closed.