The Strait of Hormuz Crisis: How Iran’s Grip on a Global Chokepoint Is Reshaping Trade and Energy Markets
Introduction Few waterways on Earth carry as much economic weight as the Strait of Hormuz. This narrow channel between Iran and Oman connects the oil-rich Persian Gulf to the open ocean, and for decades it has served as the single most important artery for global energy trade. Since late February 2026, that artery has been […]
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