The Strait Truth
How the Hormuz crisis exposed Europe’s energy dependency – again
Grüezi!
Three of the world’s major energy chokepoints are closed or contested at the same time – the Strait of Hormuz, the Red Sea, and the central Mediterranean.
The conventional reading sees this as an oil shock. It’s not. It’s a gas shock – and specifically a crisis for Europe which replaced one energy dependency with another without ever admitting wha…
