Articles on Strait of Hormuz

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Plumes of smoke and fire rise after debris from an intercepted Iranian drone struck an oil facility, according to authorities, in Fujairah, United Arab Emirates, on March 14, 2026. AP Photo/Altaf Qadri

Overconfidence is how wars are lost − lessons from Vietnam, Afghanistan and Ukraine for the war in Iran were ignored

The Trump administration’s miscalculation of Iran is the latest entry in an old and lethal tradition in international politics: the catastrophic gap between what leaders believe and what war delivers.
Traders at a market in Nakuru, Kenya. Oil price hikes will push up the price of food. Photo by James Wakibia/SOPA Images/LightRocket via Getty Images

Oil price surge is hurting African economies: scholars in Ethiopia, Kenya, Nigeria, Senegal and South Africa take stock

The universal fear is the effect the rise in prices is having on fuel, a staple commodity in every one of the countries for ordinary people as well as industries.
A man walks along the shore as oil tankers and cargo ships line up in the Strait of Hormuz, a critical shipping route that carries about one-fifth of the world’s oil, seen from Khor Fakkan, United Arab Emirates on March 11, 2026. (AP Photo/Altaf Qadri)

As war raises oil prices, households pay while energy companies profit

Rising tensions between the United States, Israel and Iran have sent oil prices surging. While households and governments face higher costs, parts of the fossil fuel industry stand to gain billions.
With the Canadian dollar no longer rising alongside oil as it once did, price spikes now translate more directly into higher living costs for Canadians. Fuel prices are displayed as a person fills up their car with gas at a station in Montreal on March 5, 2026. THE CANADIAN PRESS/Christopher Katsarov

Middle East conflict is pushing oil prices higher — and most Canadians will feel the costs

Oil shocks create winners and losers, but the Canadian dollar no longer softens the blow the way it once did.
Most shipping companies have suspended journeys through the strait of Hormuz. umut kacar/Alamy

How the Iran war could create a ‘fertiliser shock’ – an often ignored global risk to food prices and farming

Without this form of fertiliser, crops will not produce yields on which the world’s population depends, leaving people starving.
Before the crisis began, ports like Jebel Ali in the UAE were seeing millions of containers of goods passing through them every year. Druid007/Shutterstock

Strait of Hormuz: Gulf states’ food security is at immediate risk but wider shortages could push up consumer prices globally

Gulf states depend on food imported via the strait – and shipping surcharges could raise the cost of consumer goods around the world.

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