The world just woke up to a nightmare scenario. Oil prices are surging past one hundred dollars a barrel, global markets are trembling, and one narrow strip of water is threatening to reshape the global economy.
U.S. president Donald Trump has ordered one of the most aggressive maritime moves in decades — a naval blockade of the Strait of Hormuz.
This is not just any waterway. Nearly one-fifth of the world’s oil supply passes through Hormuz every single day. Now, it has become the center of a