geopolitics

Strait of Hormuz Explained: Why This Narrow Route Controls Oil Prices

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Strait of Hormuz Explained: Why This Narrow Route Controls Oil Prices

The Strait of Hormuz is a narrow sea passage between Iran and the Arabian Peninsula, connecting the Persian Gulf with the Gulf of Oman and the Arabian Sea. It is the main export route for oil and gas from major Gulf producers including Saudi Arabia, UAE, Kuwait, Qatar, Iraq, Bahrain and Iran. That is why … Read more

Iran’s Three-Stage Proposal: Could This Reduce the Risk of Wider War?

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Iran’s Three-Stage Proposal: Could This Reduce the Risk of Wider War?

Iran’s reported three-stage proposal to the United States is an attempt to separate the immediate war and Strait of Hormuz crisis from the harder nuclear dispute. According to Reuters, citing Axios, Iran presented a proposal to the US through Pakistani mediators to reopen the Strait of Hormuz and end the ongoing conflict, while leaving nuclear … Read more