The Hormuz Squeeze: Kinetic Shocks and the Failure of Diplomatic Hedging
Summary Glossary
• Multi-Alignment: India’s strategy of maintaining simultaneous partnerships with rival powers; now failing the "kinetic test."
• Kinetic Surcharge: Cost increases (insurance/rerouting) driven by physical conflict, independent of market supply/demand.
• Security Autonomy: The physical capability to protect national interests without relying on third-party diplomatic goodwill.