As the conflict in West Asia enters its 15th day, global energy markets are reeling with oil prices surging past $100 per barrel and experts warning of a spike to $150. In a stunning geopolitical U-turn, President Trump has pivoted from sanctioning Russian oil to actively encouraging global purchases to stabilize the economy, a move mocked by Iranian Foreign Minister Abbas Araghchi as American “begging” for the very resources it once tried to block. While the U.S. has targeted military sites on Iran’s critical Kharg Island, which handles 90% of its oil exports, Tehran is leveraging its strategic command over the Strait of Hormuz to “squeeze” the world’s financial arteries. Watch the video.
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Production: Pragati Chaurasia
Video Editor: Shubham
