As tensions peak ahead of a looming deadline, the standoff around the Strait of Hormuz is entering a critical phase. United States forces are moving naval assets closer to the region while Iran has placed its missiles and drones on high alert. Donald Trump has reiterated the threat of military strikes, while Tehran warns of a full closure of the vital oil route. Tanker movement has slowed, insurance costs have surged, and global markets are under pressure. Reports from the Strait indicate ships idling mid-sea awaiting Iranian clearance, underscoring the risk of disruption even before any official blockade. With backchannel diplomacy underway, these final hours mark a high-stakes moment with little room for miscalculation.
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