- A global conflict involving multiple interstate clashes and major powers, including Iran, Israel, Russia, and Ukraine.
- US sanctions on Russia and a crisis in Iran caused a strategic Strait of Hormuz blockade, spiking global oil prices.
The closure of the Strait of Hormuz amid the Iran war, coupled with drone campaigns against Russian oil refineries, is tightening international markets.
1 report, 1 independent
Updated Aug 25
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What happened
The closure of the Strait of Hormuz amid the Iran war, coupled with drone campaigns against Russian oil refineries, is tightening international markets.
Who's involved
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The entities involved
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Goldman Sachs
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