Hormuz Reopens, Yet The System Remains Broken: A Reshaped Global Trade
Even as Hormuz is claimed to be open, real-time data show drastically reduced maritime traffic, high insurance costs, and a shift in routing that has made chokepoints into structural fault lines. The reopened Strait is not restoring normalcy; global shipping and Gulf oil flows are being rerouted, diversifying energy supply, increasing costs, and embedding resilience over efficiency in a more regional, fragmented energy system.
