US-Iran Tensions Reach Boiling Point as Hormuz Strait Closure Threatens Global Oil Crisis

The world has seen the impact of the deep Middle East tension due to the US-Iran war. The sharp rise in crude oil prices, especially in countries dependent on crude imports, has led to many inflation attacks. The center of all these global tensions is the Hormuz Strait, which plays an important role in meeting about 20 percent of the world's oil needs. Now the Hormuz Strait can be opened again in just seven days and there is only one condition for this. Iran has made it clear that if the US accepts this condition, then the Hormuz tension can end. According to Iran's Military Central Command, it has been told that the US is preparing to resume military operations with the support of regional countries. But, a senior Iranian official said on Tuesday that if the US fulfills one condition, it can open the Strait of Hormuz again in a strategic way.