Militarizing the “Gate of Tears” threatens global globalization, driving up shipping costs and pushing regional actors toward permanent isolation.
Browsing: Shipping
Iran turns geography into global economic weapon: Hormuz closure halts shipping, creates chokepoint leverage playbook.
Hormuz traffic plummets 19M to 3M b/d. Qatari LNG halted. Only reopening strait solves crisis.
Gulf air defenses are working, but munition stocks are finite; shipping through Hormuz has ground to a halt.