Geopolitical tensions escalate as Iran reimposed Strait of Hormuz restrictions, threatening global energy flows.

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Geopolitical tensions escalate as Iran reimposed Strait of Hormuz restrictions, threatening global energy flows. The waterway, critical for approximately one-fifth of world oil and liquefied natural gas transit, faces renewed closure amid US-Israel military operations. Iran's Islamic Revolutionary Guard Corps warned vessels against approaching the strait, declaring such action as cooperation with the enemy. The US military plans to board Iran-linked tankers and seize commercial ships in international waters to pressure Iran into reopening the passage. These developments undermine Trump administration peace deal expectations and create significant market volatility. Oil prices declined sharply, with crude falling over 1,100 points, while precious metals surged as investors seek safe-haven assets. Indian markets showed resilience with Sensex gaining 504 points and Nifty rising 156 points.

Hormuz chaos, Lebanon clashes dent Trump peace deal hopes

Sunday, April 19, 2026 at 9:20 AM

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