The global economy is facing the biggest energy supply shock in its modern history as a result of the ongoing crisis surrounding the closure of the Strait of Hormuz since early 2026. The effects are no longer limited to soaring oil prices, but have permeated the macroeconomy, fueling a sharp global inflation wave and pushing central banks toward prolonged monetary tightening. Details with Hussein Jamal, writer and political analyst; Tamam Al-Jassem, researcher in American affairs and international relations; and Abbas Khameh Yar, former diplomat.

#StraitOfHormuz #Trump #Iran #America #CampDavid #Washington #Tehran

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