It sounds utterly reckless, almost suicidal for global stability: blocking the Strait of Hormuz would deal a devastating blow ...

Until early August, the issues had been confined largely to geopolitical hotspots like the Persian Gulf, the Strait of Hormuz and the Red Sea.

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The Strait of Hormuz is identified as one of the world's most critical oil chokepoints, with a staggering volume of oil passing through it annually.

The New York Times indicated why this would be important, noting, “A quarter of the world’s oil and 20 percent of the world’s liquefied natural gas passes through the Strait of Hormuz, so ...