The Strait of Hormuz is “open” — and almost nobody believes it
Iran declared the Strait of Hormuz fully open yesterday. Stocks surged, oil prices fell, and headlines celebrated. The tankers, however, did not move
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PERSIAN GULF
Global oil at risk—and China feels the pressure first
China faces one of its most serious energy security crises after the effective closure of the Strait of Hormuz, as escalating Middle East tensions disrupt a corridor vital to global oil flows
The Iranian trap: Neither military action nor nuclear negotiations can solve Trump’s (and Israel’s) conundrum
After a failed regime-change strategy and an increasingly risky military buildup, the Trump administration turns back to nuclear negotiations with Iran—yet structural incompatibilities and Israeli opposition render both diplomacy and war perilous options
The strike that shifted the Strait
Security of key maritime routes (Persian Gulf, Gulf of Oman, Strait of Hormuz) is under unprecedented scrutiny after Israel’s pre-emptive strike against Iran on 13 June 2025, raising alarm across the global shipping sector