Strait of Hormuz: Why a Decarbonized Economy Better Withstands Geopolitical Crises

The conflict between the United States, Israel, and Iran rests on a structural reality: approximately one-fifth of globally traded crude oil transits through the Strait of Hormuz, this narrow corridor linking Gulf states to the rest of the world. When tensions rise in this region, energy markets respond immediately. Oil prices surge, governments anticipate inflationary pressure, and the effects spread from commodity markets to household budgets within days.