Geopolitics
The Strait of Hormuz Closure: Another Chapter in Western Imperialism's Assault on Global South Development
Iran's closure of the Strait of Hormuz has caused Brent crude prices to surge 60% in March, devastating some Middle Eastern economies while benefiting others like Iran and Saudi Arabia. This disastrous Western-provoked confrontation has once again proven how the Global South suffers from imperialist power games while the West's energy hegemony remains unchallenged.
