Iran's New Leadership Triggers Global Energy Supply Crisis
Supreme Leader Mojtaba Khamenei's aggressive opening moves have closed the Strait of Hormuz for over a week, disrupting 20% of global crude flows and driving Brent above $100. This represents a fundamental shift from Iran's previous cautious approach, with markets pricing sustained conflict risk rather than diplomatic resolution.
Energy supply disruption at this scale forces immediate recalibration of global economic forecasts and accelerates Western efforts to diversify away from Middle Eastern energy dependence.
iran
oil prices
strait of hormuz
energy crisis