A Gulf Maritime Mechanism offers Iran a face-saving exit from Hormuz stalemate while restoring agency to Gulf states through technocratic cooperation.
Browsing: Tankers
Iran’s shadow economy adapts to new sanctions, but rising costs, corruption, and China dependence create vulnerabilities Washington can exploit
War-risk premiums now price tankers out of Hormuz, cutting transits and exposing Pakistan while Gwadar gains strategic value.
Escalated US-Iran hostilities, a smaller fleet, and mine threats deter Hormuz tanker escorts despite the legacy of Operation Earnest Will.
Iran escalates: tankers ablaze, warns $200 oil. IEA releases 400M barrels. War far from over.