The exit of an LNG tanker from the Strait of Hormuz marks a pivotal moment for India, signaling its first shipment from the Persian Gulf in light of the ongoing Iran conflict.

This crisis underscores the risks involved in over-reliance on concentrated, geopolitically risky supply chains like those which originate in the Persian Gulf.

Juan Cole Israel and the United States have destabilized the Persian Gulf and global oil and natural gas supplies for the foreseeable future. The post This Is Why the Hormuz Crisis Is Different From Other Oil Crises appeared first on The Nation.
As a peace deal between the US and Iran remains elusive, low-wage seafarers are left in limbo as they witness an unprecedented 21st-century battle.

The world has burned through oil inventories at a record speed as the Iran war throttles flows from the Persian Gulf, eating into the very buffer that protects against supply shocks.
Iranian ports pose war-zone risks, while visa restrictions and logistical hurdles along the Arab states lining the Gulf’s southern shores make it difficult for many sailors to leave their vessels
The halt of activity at Jebel Ali port in the United Arab Emirates due to heightened tensions in the Persian Gulf has forced Iran to accelerate a long-planned diversification of its trade routes.

The planned central hub for American digital—and dollar— supremacy goes up in flames, but Silicon Valley and Washington refuse to learn anything.

Around 20,000 seafarers on hundreds of vessels are stuck in the Persian Gulf, unable to cross the Strait of Hormuz that remains effectively shut by Iran