Behind the justifications for military interventions by the great powers, economic and strategic interests often lie hidden, with oil being one of their main drivers.
The blockade of the Strait of Hormuz shows how a single critical chokepoint can destabilize the global energy system, exposing its profound fragility in the face of geopolitical conflicts.
The war in Iran impacts Latin America by driving up oil prices, fueling inflation, and exposing its dependence on the dollar, thereby weakening its economic and political stability.