The Strait of Hormuz Crisis Is More Than an Energy Problem Let’s strip away the sanitized headlines. The closure of the Strait of Hormuz isn’t just disrupting oil—it’s detonating a chain reaction across the global economy. Roughly a fifth of the world’s oil supply moves through that narrow corridor. Now it’s effectively locked down, and production in the Persian Gulf has already dropped by over 50%. That’s not a fluctuation. That’s a systemic shock. The International Energy Agency is calling this the “greatest energy security crisis in history.” Bigger than the 1970s oil embargo. Bigger than anything tied to Ukraine. And here’s what they’re not saying out loud: Energy instability is the fastest way to justify centralized economic control. When…
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