Middle East Iran War Update | Day 160 | US Forces Absorb Major Damage and Iran and Proxies Threaten Global Shipping

Day 160: Ukraine struck an Iranian vessel, Saudi Arabia entered the war, and US forces have absorbed major damage across five active fronts. Iran and its proxies now hold two chokepoints controlling ~25% of global oil and gas flow, and Brent is pricing a Hormuz deal that does not yet exist. Full breakdown of the actors, the shipping stranglehold, and what happens if the August 6 deadline lapses.