(ECNS) -- U.S. and Israeli airstrikes on Iran triggered a rapid escalation in regional tensions in the Middle East. The conflict intensified with Iran’s counterattack, sending shockwaves through global energy markets. Oil prices surged above $100 a barrel, shipping routes were disrupted, and fears of supply shortages grew. At the center of the crisis once again is one of the world’s most critical energy chokepoints: the Strait of Hormuz.
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