Beyond The War | Why The Closure Of Strait Of Hormuz Is The Century's Worst Oil Crisis

West Asia is staring at an economic apocalypse. Following a direct drone strike on the UAE’s Barakah Nuclear Power Plant and an escalation across Saudi airspace, Brent crude has shattered expectations to hit $111 a barrel completely defying Donald Trump’s promises of lowering oil shocks. With the Strait of Hormuz effectively closed, a massive $58 billion worth of energy infrastructure lies in ruins, forcing the UAE to exit OPEC. From Qatar’s economy shrinking by 8.6% to Dubai’s elite tourism crashing down to an absolute 10% occupancy, we decode the modern world's worst oil supply crisis.