The Hormuz Gambit: Tehran’s New Toll on Global Energy
📊Summary Glossary
• Development: A proposed Iran-Oman deal granting Tehran control over ships in the Strait of Hormuz.
• Impact: Significant shift in regional power dynamics; potential for real-time leverage over global oil transit.
• India Context: Heightened energy vulnerability; RBI warns of increased volatility in domestic economic activity.
• Diplomatic Shift: Pakistan’s