politics

March 13, 2026

Press review: Could Iran mine Strait of Hormuz and war riles American public

Top stories from the Russian press on Thursday, March 12th

Press review: Could Iran mine Strait of Hormuz and war riles American public

TL;DR

  • Iran possesses the capability to mine the Strait of Hormuz using various methods, potentially causing significant disruption to global oil markets.
  • US President Donald Trump's decision to strike Iran has divided American public opinion and is contributing to a surge in the US national debt.
  • The EU faces challenges in providing a 90-billion-euro loan to Ukraine due to opposition from Hungary and Slovakia, with alternative funding plans being considered.
  • Russian oil is experiencing a price premium in Asian ports due to disruptions in Middle Eastern oil supplies, exacerbated by the conflict and US sanctions relief.
  • The escalation of the Middle East conflict is increasing global inflation and potentially slowing GDP growth, while also driving up oil prices and logistics costs.

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