Iran’s Dwindling Influence on Shipping
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For decades, Iran’s clout was based on far more than missiles, proxies, or a nuclear file. It was about its ability to control shipping traffic through the Strait of Hormuz. Geographic location has given the regime significant strategic leverage and an ability to hold global energy markets hostage on a whim.
What happens to oil if shipping stops? How high do prices go as millions of Iranian barrels vanish overnight? Those questions still matter, but a new reality is changing energy markets an
What happens to oil if shipping stops? How high do prices go as millions of Iranian barrels vanish overnight? Those questions still matter, but a new reality is changing energy markets an
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