https://www.live-feeds.com/feed/hormuz-crisis-hides-a-deeper-oil-threat-that-could-outlast-the-warContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/hormuz-crisis-hides-a-deeper-oil-threat-that-could-outlast-the-warhttps://www.live-feeds.com/feed/hormuz-crisis-hides-a-deeper-oil-threat-that-could-outlast-the-war#u47630Mon, 24 Aug 2026 14:51:19 +0000Oil prices reached a three-week high due to the war with Iran and a trade freeze in the UAE, though prices later dipped as investors awaited the announcement of tougher US sanctions. Global oil inventories are declining while a stalemate persists in the Strait of Hormuz. Despite the market volatility, Iranian President Masoud Pezeshkian has called for an immediate end to the conflict, and Iran has confirmed it is prepared to meet with mediators from Pakistan.Why it mattersThe Strait of Hormuz is a critical chokepoint for global energy supplies. US efforts to throttle the Iranian economy throug