Spain and Gulf partners move around the Strait of Hormuz crisis, and the real test is whether oil supply can avoid another shock

The number of ships passing through the Strait of Hormuz has plummeted, raising concerns about potential oil supply disruptions. The US is advocating for a targeted blockade, but confidence needs to be restored, which is leading to rising airline fuel costs. Thousands of seafarers are stranded amid Iranian small boat attacks and heightened tensions.