The conflict between the US, Iran and Israel is no longer just in the Middle East, it is quietly slipping into portfolios, monthly budgets, and yes, even that study-abroad dream!
On February 28, the US and Israel launched joint strikes on Iran, and the ripple effects are now being felt right at home. At the centre of it all is global crude, which has been on a steady rise ever since tensions tightened around the crucial Strait of Hormuz, a narrow yet high-stakes passage that carries around 20% of the world’s energy supplies.
The crisis, now stretching beyond several weeks, has kept this strategically vital route under pressure, disrupting energy flows across global markets.
