Feb 17, 2026: Iran Just Shut Down 20% of the World's Oil Supply
Загружено: 2026-02-17
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February 17, 2026: Iran Just Shut Down 20% of the World's Oil Supply
Iran has temporarily closed parts of the strategic Strait of Hormuz during live‑fire military drills carried out by the Islamic Revolutionary Guard Corps, in a move that has sent shockwaves through global energy markets and geopolitical circles.
The Strait of Hormuz is one of the world’s most critical oil chokepoints — roughly 20 million barrels of oil per day, or about one‑fifth of global supply, pass through this narrow waterway linking the Persian Gulf with the Gulf of Oman.
This dramatic partial closure is happening simultaneously with high‑stakes indirect nuclear negotiations between U.S. and Iranian officials in Geneva, highlighting the intense diplomatic and military pressure points shaping global stability today.
Iran’s state media says the shutdown is for “security precautions” during drills, but analysts warn that any disruption in the Hormuz route could have major implications for oil prices, shipping insurance, and energy security worldwide.
In this video, we break down what this closure means for global oil markets, why there’s no viable alternative shipping route, and how this affects U.S., Chinese, and Gulf state interests as warships and diplomats converge around this narrow, vital chokepoint.
➡️ Subscribe for live updates on this developing global crisis.
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