In recent weeks, the Strait of Hormuz has again been described in the language the world knows best: Oil, tankers, naval risk, energy security and war. That is understandable. Around one-fifth of global oil and liquefied natural gas shipments normally move through this narrow passage between Iran and Oman. When Hormuz is threatened, markets react […]

The significance of the Strait of Hormuz for global trade is beyond dispute. In the week preceding the US-Israel war on Iran, 38 per cent of global seaborne crude oil trade passed…

In recent weeks, the Strait of Hormuz has again been described in the language the world knows best: Oil, tankers, naval risk, energy security and war. That is understandable.…