Since late February, the Strait of Hormuz—the artery for nearly 20% of global oil and gas flows—has been effectively shut, following Iranian retaliation to US and Israeli strikes and direct threats…
Until fairly recently, most Americans sided with Israel. These days, most side with the Palestinians. That will eventually influence US foreign policy.
Any disruption in the Hormuz has cascading knock-on effects that extend far beyond energy markets, impacting international trade. Al Majalla explores all this and more.