Strait of Hormuz Blockade Persists Amid US-Iran Standoff, Sending Oil Prices Soaring

The blockade of the Strait of Hormuz persists, driving oil prices above $120 per barrel amid heightened tensions between the US and Iran. Commercial shipping remains severely restricted, impacting global energy security and supply chains. Diplomatic efforts have stalled, with mutual distrust and military posturing continuing to escalate the situation.