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Iran is reportedly moving towards a completely new strategy in the Strait of Hormuz — and if this situation continues, the consequences for the global economy could be enormous.
In today’s video, we look at reports surrounding the creation of the new Persian Gulf Strait Authority (PGSA), the alleged permit systems being discussed for ships passing through Hormuz, and why the United States is fundamentally opposed to any attempt by Iran to control or monetise one of the world’s most important shipping routes.
We also discuss:
⚠️ The collapse in shipping traffic through Hormuz
⚠️ Why oil prices remain elevated
⚠️ The legal battle over “freedom of navigation”
⚠️ The comparison with the Panama and Suez Canals
⚠️ Why this could become a long-term global economic problem
⚠️ The risk of permanently higher shipping and energy costs
⚠️ Why prolonged disruption could eventually trigger recession
Around 20% of the world’s oil supply normally moves through the Strait of Hormuz, making it one of the most strategically important waterways on the planet. And the longer this crisis continues, the greater the potential damage to global trade, inflation, supply chains, and economic growth.
If you enjoy the video, please like, subscribe, and share your thoughts in the comments below.
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