The Hormuz Dilemma
The Strait of Hormuz, a narrow chokepoint linking the Persian Gulf to the Gulf of Oman and carrying approximately one-fifth of global seaborne oil and significant LNG volumes has been effectively closed since early March 2026 amid the ongoing US-Israel military campaign against Iran (initiated 28 February 2026). Iran declared the waterway closed to vessels linked to the US, Israel and allies, with 21+ confirmed attacks on merchant ships and





