Strait of Hormuz Blockade Worsens Global Energy Crisis
As of June 22, 2026, the ongoing Iranian blockade of the Strait of Hormuz continues to paralyze international shipping, following the regional escalation that began in February 2026. Maritime intelligence reports indicate that container shipping through the route has dropped by 95%. India has officially activated the Eastern Maritime Corridor (EMC) from Chennai to Vladivostok as an alternative to bypass the volatile West Asian waters. The blockade has resulted in a 40% spike in global crude oil transit costs.
Date: June 22, 2026
Location: Iran
Conflict: US-Iran Conflict
Category: naval
Severity: CRITICAL
Source: India Narrative