Hormuz and the new geography of energy power.
Source: Foreign Affairs
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DW NOTE
Foreign Affairs is running a retrospective on the Hormuz closure six months after it began. The strait is still shut — one ship on August 9 versus the normal 73 per day — and Brent is down 25% from its July peak but still up 32% year-over-year. The world adapted faster than the authors expected, which is the only interesting part of this story.
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