The Impact of the US-Iran War on Sudan

In February 2026, the US and Israel went to war against Iran. Since then, there have been multiple attempts at partial de-escalation through negotiations. However, the recent Memorandum of Understanding signed by the US in June in Versailles has fallen under strain in the past week, with the US seeking to enforce a new blockade against Iranian ports. As such, disruption to shipping in the strategic Straits of Hormuz combined with heightened uncertainty being priced into global financial markets…