Geopolitical Gatekeeping: The Strait of Hormuz and the New “Conditional” Global Oil Trade
While the world watches the charts, the real story is unfolding in a narrow stretch of water just 21 miles wide. Iran has officially clarified its stance on the Strait of Hormuz, and the message is sending shockwaves through global energy markets: the gates are open, but only for some. Tehran’s recent declaration that the…