A Chokepoint Crisis With Global Consequences Roughly 20% of the world’s oil flows through the Strait of Hormuz. When that artery tightens, the entire global economy feels it. Now, Iran is signaling it wants leverage—potentially even control—over that passage. The U.S., through Secretary of State Marco Rubio, has made its position unmistakably clear: any attempt by Iran to act as a “gatekeeper” will not be tolerated. But strip away the diplomatic language, and what you’re left with is a high-stakes struggle over who controls the flow of energy—and by extension, the flow of money. Because in today’s world, oil isn’t just about fuel. It’s about currency dominance. The Real Story: A Global Push to Dedollarize While headlines focus on military…
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