We daren’t ask, but … what if the Strait of Hormuz doesn’t reopen?
The article explores the potential long-term closure of the Strait of Hormuz due to ongoing conflicts. It draws parallels with historical events, such as the Suez Canal closure during the Six-Day War. While there are discussions about reopening the strait, concerns remain about the economic implications of a prolonged closure.
- ▪The Strait of Hormuz has been closed for nearly 90 days due to the US-Israeli war on Iran.
- ▪Historical examples suggest that a prolonged closure could have severe consequences, as seen with the Suez Canal in 1967.
- ▪The United Arab Emirates is planning a second pipeline to bypass the strait, indicating concerns about its future accessibility.
Opening excerpt (first ~120 words) tap to expand
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.