Iran has blocked the Strait of Hormuz, a critical passage for a large amount of the world's oil and gas.
AI Fact-Check
“Multiple sources confirm that following a joint U.S.-Israeli military operation against Iran that began on February 28, 2026, Iran's Islamic Revolutionary Guard Corps (IRGC) retaliated by closing the Strait of Hormuz. News reports and Wikipedia entries for the "2026 Iran war" and the "2026 Strait of Hormuz crisis" state that shipping traffic was halted, disrupting global energy supplies. As of early April 2026, the strait remains effectively closed to most international traffic, causing a major global economic and energy crisis. Context: The video's claim is made in the context of an ongoing major military conflict. The blockage of the Strait of Hormuz by Iran is a direct response to a U.S.-Israeli attack that began on February 28, 2026, which reportedly included the assassination of Iran's Supreme Leader Ali Khamenei.”
Source Videos (1)
The Iran economic shock is coming. How to protect yourself - YouTube
Garys Economics
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