The Strait of Hormuz Crisis: How the Iran–Israel–U.S. Conflict Could Shake the Global Economy
Iran-Israel-U.S Crisis and the Strait of Hormuz Power: Why a Narrowed Sea Can Rock the World Economy. Introduction The modern geopolitics is not that of fighting armies, missiles and fighter jets only. Geography itself is made in most instances one of the strongest strategic weapons. Some places on the world map are so important economically and militarily that possession of such strategic points can affect the global politics and the international markets. Strait of Hormuz may be considered one of such places, being a narrow sea route, lying between Iran and Oman. Though it is not large, this waterway now occupies one of the most strategically significant places in world economy. The relationship between Israel, Iran, and the United States is strained, and many times it has resulted in the concern that this passage would become a major point of contention in the international conflict. To understand why such a narrow channel is so popular, it is necessary to take a closer look at its ...