Iranian Strikes Shut Down The Persian Gulf As Global Energy Markets Face Severe Supply Crises

Iranian drone and missile strikes have intensified across the Persian Gulf, forcing a halt to maritime trade and triggering a massive surge in global energy prices.Military leaders have explicitly threatened to keep the Strait of Hormuz closed while targeting critical infrastructure and international shipping vessels.The International Energy Agency is now responding to the market crisis by releasing hundreds of millions of barrels of oil from emergency global reserves.Global markets continue to react with extreme volatility as the regional conflict threatens the security of major trade routes and oil transport facilities.