News•Apr 8, 2026
The Strait of Hormuz Disproves an Armchair Narrative About Globalization
The article challenges the narrative that post‑Cold‑War globalization is fading, using the Strait of Hormuz as a case study. It shows that oil, gas and fertilizer markets remain deeply interconnected, with supply shocks in the Gulf instantly affecting global prices. Even economic giants like the United States and China cannot insulate themselves from these disruptions. The persistence of such trade flows underscores that the world economy is more integrated than many commentators claim.