Iran Energy Crisis

The conflict in Iran has escalated into a major energy crisis, prompting countries to rapidly diversify energy sources and fortify reserves in response to significant disruptions in oil and gas supplies. Heightened geopolitical risks, particularly around strategic chokepoints like the Strait of Hormuz and Bab al-Mandab, have intensified inflation globally and driven nations to adopt new energy strategies. Recent diplomatic efforts focus on integrating alternative supply routes while managing economic fallout, as escalating tensions continue to impact global energy stability and security, fueling domestic crises in regions reliant on Middle Eastern energy. The crisis has broader geopolitical implications, with China's deepening strategic alliances with Iran further complicating the landscape amid concerns over military escalations and cybersecurity threats in the affected sectors.