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Hormuz Crisis Deepens As Iran Shuts Oil Route Despite Ceasefire, Israel Keeps Striking Lebanon

Hormuz Crisis Deepens As Iran Shuts Oil Route Despite Ceasefire, Israel Keeps Striking Lebanon

Business Today
Business Today
  • New Delhi,
  • Apr 10, 2026,
  • Updated Apr 10, 2026, 5:23 PM IST

Despite ceasefire headlines, tensions in West Asia remain dangerously high. Israel has intensified strikes on Lebanon against Hezbollah, while Iran has escalated the crisis by shutting the Strait of Hormuz—one of the world’s most critical oil shipping routes. Hundreds of tankers are reportedly stranded, sending fresh shockwaves through global energy markets and pushing oil prices higher. Even as Donald Trump floated a controversial idea of a joint U.S.-Iran Hormuz venture, the White House insisted the ceasefire depends on the strait reopening immediately. The region now stands in a volatile grey zone between diplomacy, distrust, and looming escalation.

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