""The free flow of commerce through the strait is a larger principle at stake in this conflict. Failure to ensure freedom of navigation in Hormuz puts global freedom of navigation everywhere at risk.""
""European and Asian officials... said the conflict has eroded faith in the US role as protector of the high seas, raising concerns about energy prices, shifting security calculations around key choke points and growing doubts about Washington's ability to manage the consequences of the war.""
The potential withdrawal of US security from the Persian Gulf threatens to disrupt global commerce, particularly through the Strait of Hormuz, which carries a significant portion of global trade. Traffic through the strait has drastically decreased, risking one-fifth of global oil flows and increasing market volatility. The US has historically ensured freedom of navigation, but current tensions have eroded confidence in its protective role, raising concerns about energy prices and security in key maritime chokepoints.
Read at Fortune
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