Summary of Important News Items Editorials-276
Summary of Important News Items Editorials-276
INDIAN EXPRESS DATED 13th MARCH 2026.
1. Strait of Hormuz crisis and global energy shock
The ongoing West Asia conflict has led Iran to keep the Strait of Hormuz closed, one of the world’s most critical maritime chokepoints through which nearly 20% of global oil supply normally passes. Iran’s new Supreme Leader Mojtaba Khamenei stated that the blockade would continue as leverage against the United States and its allies. Oil prices surged above $100 per barrel, signalling the e
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