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Washington interdicts Iranian oil while Tehran charges ships up to $2 million for safe passage through the global energy artery.
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The disruption cascades beyond oil into LNG, fertilizers, food prices, and global internet infrastructure.
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As US strikes devastate Iranian military assets, Tehran accelerates toward a nuclear deterrent in a fundamental strategic shift.
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Oil terminals are closed, shipping routes are redrawn, and repairs could take years even after fighting ends.
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Oil above $105 a barrel and four Asian nations face industrial collapse if the Hormuz closure persists past June.
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CENTCOM has redirected 39 vessels and seized tankers, cutting Iran's oil exports by 70 percent since January.
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A bombing campaign that killed Ayatollah Khamenei has paused — but diplomatic talks have stalled and underlying grievances remain.
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Three aircraft carriers and 38 diverted ships later, Tehran has not capitulated as the crisis enters a grinding stalemate.
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With export capacity maxed and China trade plunging 80%, Tehran may be forced to curtail production within weeks.
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Two guided-missile destroyers deployed alongside underwater drones in a high-risk campaign to reopen critical maritime chokepoints.
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What began as a limited strike has drawn nuclear powers into combat, threatening to reshape the global security order.
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B-1B bombers and Tomahawk cruise missiles target nuclear sites and oil infrastructure in a $5.6 billion opening salvo.
