The Strait of Hormuz Crisis: How Iran’s Grip on a Global Chokepoint Is Reshaping Trade and Energy Markets
Introduction Strait of Hormuz Crisis: 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, […]
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