SITREP: IRAN CONFLICT | Day 35

REGIONAL SPILLOVER

This war has not stayed in the Middle East. Iran made sure of that on day one.
The Strait of Hormuz is blocked. That single chokepoint carries roughly 20 percent of the world’s oil and liquefied natural gas. With it closed, prices have increased to over $100 a barrel. Kuwait’s international airport has been shut since February 28. Irani…