US Hormuz Blockade Drives 19% Energy Surge Threatening Global Growth at 3.1%

US naval blockade of Iran-linked ships in the Strait of Hormuz has spiked energy prices 19% in 2026 per IMF, downgrading global growth to 3.1%. Islamabad peace talks collapsed over Iran’s nuclear program, but President Trump signals resumption within 48 hours. US-led coalition of 22 nations diplomatically isolates Tehran.