The Strait of Tensions: Iran's Grip on Global Oil Routes The latest salvo in the US Iran standoff has sent shockwaves through the global energy market.
Washington has threatened to shut down all Iranian airlines from September 23rd, but what lies behind this move and its implications for regional power dynamics?
At its core, this is a battle for control over critical oil chokepoints – specifically the Strait of Hormuz and the Bab el Mandeb Strait.