Middle East Monitoring Desk Islamabad by Editor Tazeen Akhtar A blockade of the Strait of Hormuz, a crucial conduit for ~20% of global oil consumption severely restricts energy supplies, drives up global oil and shipping costs, and risks global recession or stagflation. The current US-led blockade has stranded tankers, triggered massive drops in regional trade, … Continue reading What Started in Strait , not Staying in the Strait only- It is Smashing Everything- by Tazeen Akhtar