The Strait of Hormuz is paralyzed. Ships are turning around. Two LNG tankers leaving the Persian Gulf abruptly changed course. Iran's Revolutionary Guard told all vessels to stay anchored - any attempt to approach will be considered "collaboration with the enemy."

US President Donald Trump confirmed that the blockade of Iranian ports "remains in full effect" until a final agreement is reached with Tehran. On the other side, Iran's parliament called the blockade "a foolish and unreasonable decision."

Russia offered help removing enriched uranium from Iran - a move that looks more like geopolitical chess than a humanitarian gesture. The Institute for the Study of War reported that Iran's Revolutionary Guard has taken control of negotiations, meaning diplomats have been replaced by generals.

About 20 percent of the world's oil passes through the Strait of Hormuz. When this strait closes, it's not just a path for tankers that shuts down - a new chapter of global instability opens. How much of this will the Balkans feel in fuel and energy prices?