Geopolitics

Putin Threatens Energy Warfare as Iran Crisis Reshapes Global Markets

Monday, March 30, 2026

Russia has declared a strategic pivot in response to US-Iran hostilities, threatening to cut EU energy supplies while redirecting exports to Asia. The Strait of Hormuz closure has already triggered a 30% oil price surge, creating leverage for Putin to weaponize energy dependencies during the crisis.

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Energy warfare becomes a parallel conflict theater, potentially forcing Europe to choose between supporting US Middle East policy and securing critical energy supplies for winter.

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