US-Iran Stalemate: Global Energy Shock and Alliance Realignments

The US-Iran conflict, now in its third month, has choked the Strait of Hormuz, driving oil above $100/bbl and exposing systemic vulnerabilities in global energy trade. This stalemate amplifies multipolar tensions, forcing alliance recalibrations amid supply disruptions and inflationary pressures. Markets face persistent reconfiguration as actors hedge against prolonged scarcity.