The age of authoritarian leaders
The article addresses the escalation in the Strait of Hormuz and its impact on oil supplies, as the region has become a hotbed of illegal activities aimed at controlling the oil market and causing volatile oil prices. The United States has greater control over global energy supplies and prices, while the Hormuz Agreement has exited the scope of the United Nations Convention on the Law of the Sea, increasing security risks along navigation routes. The strait is now considered a hotspot of tension, requiring the payment of premiums to ensure safety, and the situation is viewed as part of a geopolitical game to control economic growth and oil markets.
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