Iran’s All-or-Nothing Game in the Strait of Hormuz

AI Briefing

• – Iran's tensions in the Strait of Hormuz are driving up oil prices, with Brent crude set to close above $100 per barrel for the first time since 2022.
• – Tensions have escalated since the US-Iran conflict began two weeks ago, with Iran striking at least 18 vessels.
• – The Strait of Hormuz remains a critical chokepoint for global oil supplies.