Washington's move to blockade the Strait of Hormuz raises fears of a severe energy crisis across Asia. Ongoing peace talks regarding the Iran conflict are stalled, creating widespread uncertainty over oil flow resumption.

Washington’s naval blockade of the Strait of Hormuz is threatening to tip Asia into its worst energy crisis in living memory, with peace talks on the Iran war stalled and no clear timeline for when oil flows might resume. The United States moved to seize control of the flashpoint waterway on Monday night, with US President Donald Trump framing the move as a way to force Iran to open the strait and accept a deal to end the war. Iran responded by threatening all ports in the Persian Gulf and the.....