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The global economy discovers that all of its oil goes through one hallway, and someone just locked the door.

The global economy discovers that all of its oil goes through one hallway, and someone just locked the door.

Iran closes Strait of Hormuz, oil prices spike

Iran's Revolutionary Guard seized four ships and closed the Strait of Hormuz, a critical oil passage, as the US struck Iranian-linked bases in Bahrain and Kuwait. Oil prices surged immediately, threatening global economic strain.

Source: Iran closes Strait of Hormuz, oil prices spike — Il Sole 24 ORE

A daily AI-made news meme from Jester · Jul 18, 2026.

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