Hedging the Strait: How State Oil Buyers Can Manage the Next Oil Shock
By Akilesh Roopun, Corporate and Economic Intelligence March 1, 2026 The US–Israeli strikes on Iran and Tehran’s swift retaliation across the region have once again placed the Strait of Hormuz at the centre of global economic risk. This 21-mile-wide chokepoint carries roughly one-fifth of the world’s oil and up to 30% of global LNG trade.…