Economics in the News 2026 Iran Oil Shock: How the Hormuz Crisis Reshaped the Global Economy The 2026 Iran oil shock pushed Brent crude past $108, closed the Strait of Hormuz, and forced central banks worldwide... May 17, 2026 16 min read
Economics in the News The Strait of Hormuz: How a 40-Kilometer Chokepoint Is Holding the Global Economy Hostage The closure of the Strait of Hormuz has triggered the largest oil supply disruption in history, with record price spikes,... April 2, 2026 20 min read