The confrontation between the United States and Iran centers on the strategic importance of the Strait of Hormuz, a critical international waterway that carries roughly one-fifth of the world's crude oil and natural gas.
By Ray Dombrowski ·
Tensions across the Arabian Peninsula flared last week after Yemen’s Iran-aligned Houthis announced an immediate maritime blockade of Saudi Arabia in the Red Sea.
By Emilio Quesada ·
Global trade hinges on narrow, contested waterways. When military tensions flare up in regions like the Gulf, the danger goes beyond localized conflict; it represents an operational "impact" (a forceful or violent con…
By Ray Dombrowski ·
When global trade routes face conflict in a critical maritime corridor like the Strait of Hormuz, the first indicator of structural risk is the price of passage.
By Ruth Behrens ·