Strait of Hormuz Risk in 2026: Why Global Energy Markets Still Depend on a Narrow Passage
Introduction Even amid de-escalation signals in the Middle East, one structural vulnerability remains unchanged: the Strait of Hormuz. Roughly a fifth of global oil flows through this narrow waterway, making it one of the most critical chokepoints in the global energy system. In 2026, the question is not whether disruption will occur—but how markets price … Περισσότερα