Explore the implications of Iran potentially closing the Strait of Hormuz amidst rising tensions, impacting global oil prices, shipping routes, and geopolitical relationships.

The Strait of Hormuz is both a vital passage point and a permanent point of tension. As long as the world depends on Oil from the Persian Gulf, its security will remain a major geostrategic concern. If Iran were to cross the red line, the consequences would not be limited to barrels of Oil, but the global economic balance could be shaken.