From Hormuz to Bab el-Mandeb: A Geopolitical Wake-Up Call for Ethiopia
When tensions rise in the Strait of Hormuz, the effects are felt far beyond the Middle East. Oil prices fluctuate, global shipping costs increase, and governments monitor developments closely. The narrow waterway carries nearly 20 percent of the world’s oil supply, making it one of the most critical maritime chokepoints in the global economy. At […]
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