A closure of the Strait of Hormuz, through which roughly 20% of global oil passes, would trigger an immediate shock to energy markets. Oil prices could surge to $120–$150 per barrel, with US gasoline prices potentially exceeding $3–$4 per gallon. This would fuel worldwide inflationary pressures.
Day: February 26, 2026
#India and #Armenia are deepening a historically rooted partnership into a strategic defence alignment to rebalance power in the #SouthCaucasus and respond to emerging trilateral pressures by @wani_ayjaz @orfonline
orfonline.org/expert-speak/i…— Yeghia Tashjian /يغيا/ Եղիա Թաշճեան 🇱🇧🇦🇲 (@yeghig) Feb 26, 2026
Ballooning memory prices are forecast to kill off entry-level PCs, leading to a decline in global shipments this year – and a similar effect is going to hit smartphones. Analyst biz Gartner is projecting a drop in PC shipments of more than 10 percent during 2026, and a decline of around 8 percent for smartphones, all due to the AI-driven memory shortage.
