US-Iran Tensions and Strait of Hormuz Crisis

The Strait of Hormuz crisis continues to disrupt shipping and threaten global energy prices after Houthi attacks on Saudi oil infrastructure, with Brent crude reportedly above $100. The IEA warns of a broad economic squeeze, while US prosecutors charged 17 Iranians over an alleged IRGC-linked cyber campaign that stole 31TB from US institutions. Trump’s claim that the conflict will end immediately after the midterms is a political assertion, not a confirmed resolution.