Strait of Hormuz: 20% Global Oil, 25% LNG Trade Disrupted; Iran's Coastal Missiles Enforce 'War Zone' Status Under UNCLOS Transit Passage Dispute

Iran rial hits record low at 2.02 million/USD as US prepares fresh sanctions and Strait of Hormuz blockade

Iran's rial plunged to a record low of 2.02 million per USD as the US announced new sanctions. The war with Israel and US naval blockade have devastated Iran's economy, while Iran's control of the Strait of Hormuz threatens global oil supply. This is a critical geopolitical flashpoint with implications for India's energy security and global trade.

Houthi Capture of Perim Island Threatens Bab el-Mandeb Strait and Saudi Oil Exports via Red Sea

Houthi forces, backed by Iran, have captured Perim Island in the Bab el-Mandeb Strait, a critical chokepoint for global oil shipments, especially after the Strait of Hormuz disruption. This move threatens Saudi Arabia's alternative Red Sea export route and could spike oil prices. Saudi airstrikes have retaliated, escalating the Yemen conflict.

U.S. Establishes Two New Military Bases in Greenland Under 2026 Security Deal to Counter Russia, China

The U.S., Denmark, and Greenland signed a landmark security deal on September 22, 2026, at the UN General Assembly. The agreement allows the U.S. to establish two new military bases in Greenland (Narsarsuaq and Mestersvig), expand its Arctic presence, and counter growing Russian and Chinese influence in the region. While respecting Danish sovereignty and Greenland's self-determination, the deal grants the U.S. indefinite access to military facilities and influence over Greenland's rare earth resources.

India-China Brahmaputra River Dispute: No Water Treaty, Data Sharing Suspended, Medog Dam (60 GW) Threat

India and China have no binding water treaty for the Brahmaputra; only two flood-season memorandums (2002, 2005) that China suspends during tensions. China's Medog mega-dam (60 GW) in a seismic zone threatens Arunachal and Bangladesh. India itself is an upstream withholder (Indus with Pakistan) and lacks a binding framework.

Houthis Seize Perim Island at Bab el-Mandeb Strait; Oil Prices Surge Above $100

Houthi capture of Perim Island threatens the Bab el-Mandeb Strait, a critical chokepoint for global oil and trade, especially after the Strait of Hormuz was effectively closed. This could spike oil prices above $100, impact India's energy security, and escalate the Iran-US proxy war via Yemen.

US-Denmark-Greenland Security Pact Allows Permanent US Basing, Bans Non-NATO Presence in Arctic

The US-Denmark-Greenland security pact, announced on September 18, gives the US permanent basing and overflight rights in Greenland and bars non-NATO nations from building bases or making sensitive investments without US approval. It resolves the NATO strain caused by Trump's annexation demand while preserving Danish/Greenland sovereignty, and remains valid even if Greenland becomes independent. This reshapes Arctic geopolitics amid Russia's military expansion and China's growing footprint.

Iran-Oman Negotiate Strait of Hormuz Reopening: US Disputes Iran's Proposed 'Service Fee' on 20% Global Oil Route

Iran and Oman are negotiating a framework to reopen the Strait of Hormuz, with Iran proposing a 'service fee' for vessels using its controlled lane. The US strongly opposes any arrangement that grants Iran control or revenue from the strategic waterway, creating a complex diplomatic standoff with direct implications for global energy security and India's oil imports.

Houthi Capture of Mokha (60 km from Bab-el-Mandeb) Threatens Saudi Oil Routes, East-West Pipeline Shut

Houthi forces seized the strategic port of Mokha (60 km from Bab-el-Mandeb Strait) on September 11, 2026, threatening Saudi Arabia's oil transit via both the Red Sea and the East-West pipeline. This escalation in Yemen's civil war has direct implications for global energy security and Iran's proxy strategy, making it a critical case study for security and international relations exams.