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Strait of Hormuz conflict threatens global trade and security
Photo: SBS Australia
2026-07-16 20:34   Geopolitics   10

Strait of Hormuz conflict threatens global trade and security

The ongoing conflict over the Strait of Hormuz, a critical oil route, has shifted focus from Iran's nuclear program to control of the waterway.The US has reimposed naval blockades and considered tolls for ships passing through, while Iran has attacked commercial vessels, killing sailors and disrupting global supply chains.Experts warn this could set a dangerous precedent for using chokepoints in future conflicts.Disruption has raised fuel and food costs worldwide, with economists highlighting the potential collapse of post-WWII maritime trade norms.

Iran demands recognition of its right to control the strait, threatening exorbitant tolls, while the US faces domestic backlash over rising fuel prices.Legal experts debate whether this marks a fundamental shift in global maritime law or a temporary disruption.The conflict's resolution remains uncertain, with implications for international trade and geopolitical stability.

Full reading at SBS Australia

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