Mar 11 2026: Hormuz Mined
eventNations & Geopolitics
Iran mined the world's most important oil chokepoint, threatening to double the price of oil overnight.
Who they are
Iran's March 11, 2026 mining of the Strait of Hormuz.
What they do
The engine records it as a move that chokes off a huge share of the world's energy supply.
How it works
The mines threatened $200-a-barrel oil, suspended roughly 20% of global crude and gas shipments, and pushed Shell to declare force majeure on its Qatari natural gas.
Why it matters
It matters because one narrow waterway being blocked can spike energy prices for the entire planet.
The engine's record — word for word
Iran lays mines in Strait of Hormuz. Threatens $200/bbl. ~20% of global crude/gas supply suspended. Shell declares force majeure on Qatari LNG.
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