Strait of Hormuz Closure Pushes Oil Prices Higher, Reopening Poses Daunting Military and Economic Hurdles
The strategic Strait of Hormuz, a vital artery for global oil and gas shipments, remains effectively closed due to ongoing conflict, driving up fuel costs worldwide. International efforts led by France aim to secure the passage, but naval experts warn the operation would be perilous without a ceasefire and faces steep commercial obstacles.