StraitOfHormuz
Global Energy Markets on Edge as Strait of Hormuz Standoff Sends Brent Crude to $126
The world’s most critical maritime chokepoint, the Strait of Hormuz, remains effectively paralyzed today, April 2, 2026, as a military standoff between a U.S.-led coalition and Iran enters its second month. With over 20 million barrels of oil and 20% of global liquefied natural gas (LNG) supplies