A fragile ceasefire between the United States and Iran is nearing collapse after a dramatic escalation at sea. The seizure of an Iranian cargo vessel by US forces has intensified mistrust and triggered threats of retaliation from Tehran. With the truce set to expire, hopes for de escalation are fading, and diplomatic efforts appear increasingly uncertain.
At the heart of the crisis lies the Strait of Hormuz, a vital global energy corridor through which roughly one fifth of the world’s oil supply flows. Any disruption here carries immediate global consequences.