New Delhi, March 18 -- Ray Dalio, the founder of Bridgewater Associates, has flagged a dire warning on the US-Iran war. According to him, the Strait of Hormuz will be the ultimate deciding factor on who wins the war - not just the price of oil. It will determine whether the US-led global order survives.

In a lengthy post on X, Ray Dalio laid out the scenario where Iran gains control of the Strait of Hormuz, which has emerged as one of the most crucial talk points of the war between US-Israel and Iran.

"If Iran is left with control over who can pass through the Strait of Hormuz, or is even left with the power to negotiate. The United States will be judged to have lost the war, and Iran will be judged to have won," Dalio said.

He argued ...