Hormuz Is Blocked. Now the Next Global Chokepoint Starts to Crack
The Strait of Hormuz stands as the most critical artery for global oil flows. Every day, massive tankers pass through this narrow passage, carrying nearly a fifth of the world’s petroleum supply. Any disruption here sends shockwaves across markets, governments, and industries. For decades, planners assumed a fallback existed. They believed global trade could absorb…
