Is Hormuz the US dollar’s Suez?

The article draws a parallel between the Suez Canal crisis of 1956 and the Strait of Hormuz today, suggesting that the latter could be a critical chokepoint for the US dollar’s dominance, much like Suez was for Western colonial interests. The historical Suez crisis highlighted how geopolitical tensions can disrupt global trade and economic influence. Similarly, rising tensions around the Strait of Hormuz, a crucial passage for global oil supplies, could threaten the dollar's supremacy in international trade, prompting shifts in economic power dynamics. This comparison underscores the potential for future global economic conflicts rooted in strategic waterways.