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Related: strait of hormuz · gulf states · global trade · supply chain · geopolitics

Bottling the World Economy

Gulf States' Economic Power Could Destabilize Global Trade The Gulf states have evolved into diversified industrial powers, making the Strait of Hormuz a critical chokepoint for worldwide commerce. A blockade would devastate global trade networks and food systems. This shift reflects how regional geopolitical tensions could trigger cascading economic crises globally.

The New York Review of Books · 2026.03.24

#strait of hormuz#gulf states

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