- Iranian forces appear to have deliberately targeted at least two civilian commercial ships in and around the Strait of Hormuz on March 11, 2026, which would amount to war crimes. Between March 1 and 17, the UN confirmed 17 incidents of damage to commercial vessels in the region.
- The attacks, as well as the threat of attacks, also appear to have contributed to significant global cost increases ...
The speech by Iranian President Ebrahim Raisi, threatening to raise oil prices to $200 per barrel, is a strategic move in the ongoing regional conflict in the Middle East. This conflict, if it continues, could lead to significant global cost increases in energy, food, and other critical sectors, as well as a potential global food shock. The transportation of significant percentages of raw materials for fertilizers through the Strait of Hormuz is a crucial point of vulnerability, and any disrupti...