Fynsa
In the current context, control of the Strait of Hormuz appears to be the real prize. If Iran were to withdraw in the near term without the U.S. managing to secure control of this strategic waterway, that could ultimately be interpreted as a defeat for the Trump administration.
Tensions in the region are shaking up the markets and reinforcing a key message: reducing dependence on fossil fuels is no longer just a climate issue, but also an economic and strategic one.
