Middle East Conflict: US and Iran on the Brink, Strait of Hormuz Closed
US-Israel-Iran tensions have exploded with large-scale military strikes. The crucial Strait of Hormuz is closed, a move causing a global energy and economic emergency, with oil and gas prices soaring.
Humanitarian Crisis: Displacements and War Crimes Investigation
Fighting has displaced over a million people in Lebanon, food insecurity rises, and Gaza’s education system is “devastated.” The UN and human rights groups warn of war crimes in Iran and Gaza due to massive civilian casualties.
Global Economy: Supply Shock and Stock Markets Plummet
Stock markets worldwide are crashing as the Hormuz closure halts a significant amount of the world’s maritime trade. Shipping companies suspend routes, leading to a profound, negative supply shock that is cutting global growth forecasts.


