The collapse of the Strait of Hormuz places Venezuela as a strategic axis for supply security: 'It's a counterweight'
The recent escalation of conflict in the Middle East has highlighted Venezuela's emerging role as a crucial supply source for Western governments and oil companies amid rising energy prices.
Strait of Hormuz: The Official Announcement of the Revolutionary Guards about its 'Closure'
The Iranian Revolutionary Guards announced that the Strait of Hormuz is now considered unsafe for passage due to attacks from the United States and Israel, effectively closing it temporarily for ships.