...The ongoing conflict in 2026 has drawn global attention to tensions around the Strait of Hormuz, a strategic waterway through which a large share of the world’s oil supplies flow. After the death of long‑time leader Ali Khamenei earlier this year, Mojtaba Khamenei was named Iran’s new Supreme Leader in March 2026 as fighting continued between Iran, the United States and Israel. The situation has heightened regional instability and raised concerns about the security of vital shipping lanes and energy markets...
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