The Korea Times
One month into the U.S.-Israel war with Iran, what began as a swift, high-tech campaign has hardened into a dangerous stalemate with global consequences. The most decisive battlefield is no longer in the skies over Iran or in covert operations on the ground, but in the narrow waters of the Strait of Hormuz, through which roughly one-fifth of the world’s oil supply normally flows. Today, that artery is constricted and the global economy is feeling the shock. Following joint U.S. and Israeli strikes in late February, Iran responded asymmetrically, leveraging its geographic advantage to disrupt maritime traffic. Tanker movements stopped, shipping firms halted operations and oil prices surged past $120 per barrel at their peak. The consequences have been immediate and far-reaching: inflationary pressures are mounting globally, supply chains are tightening and energy-importing economies, especially in Asia, are under acute strain. Yet the deeper failure is strategic. Washington’s early confidence that precision strikes could quickly neutralize Tehran’s leadership and force capitulatio
Go to News Site