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One month into his war on Iran, U.S. President Donald Trump is now scrambling to secure something that was not previously insecure—the Strait of Hormuz—turning it into the central thrust of the war’s uncertain endgame.
Iran, or more specifically its Islamic Revolutionary Guard Corps (IRGC), has taken effective control of the world’s most important shipping lane and choke point, through which normally passes one-fifth of the world’s oil and natural gas as well as even more of its fertilizer and helium.
One month into his war on Iran, U.S. President Donald Trump is now scrambling to secure something that was not previously insecure—the Strait of Hormuz—turning it into the central thrust of the war’s uncertain endgame.
Iran, or more specifically its Islamic Revolutionary Guard Corps (IRGC), has taken effective control of the world’s most important shipping lane and choke point, through which normally passes one-fifth of the world’s oil and natural gas as well as even more of its fertilizer and helium.
Iran hasthreatened for decadesto close the strait, and U.S. war planners have spent decades preparing for just that—and yet it is effectively closed. Tanker transits during the entire month of Marchdon’t add up towhat used to pass through each day. Oil prices climbed again early on Thursday, reaching more than $107 a barrel as the accumulated impact of millions of barrels of lost crude shipments start to be felt by a global economy that burns more than 100 million barrels of the stuff every day.
What’s interesting about Iran’s chokehold on Hormuz is how different it is from the paralysis that the Iran-backedHouthisinflictedon shipping trafficin the Red Sea between 2023 and 2025. The Houthis attacked ships and scared them into taking alternate routes, and traffic has never recovered. (The Houthis could still come into this war;they haven’t yet, but if they do, the one major alte
সূত্র: Foreign Policy
ক্যাটাগরি: অর্থনীতি ও ব্যবসা