The Strait of Hormuz has become a major choke point in the global economy amid the ongoing U.S.–Israeli war on Iran, which triggered a sharp surge in maritime insurance costs and c

The Strait of Hormuz has become a major choke point in the global economy amid the ongoing U.S.–Israeli war on Iran, which triggered a sharp surge in maritime insurance costs and caused near paralysis in shipping through one of the world’s most strategic energy corridors. #sana