The Strait of Hormuz Teaches a Forgotten Conservative Lesson: Never Put All Your Eggs in One Basket!
Every time tensions flare in the Strait of Hormuz, politicians, financial markets and military planners collectively hold their breath. A narrow stretch of water only a few dozen kilometres wide has become one of the world's greatest strategic choke points. Should shipping be disrupted, oil prices surge, inflation rises, economies tremble and gover...
