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Navigating the Chokepoint: US and Israel Forge Coalition to Reopen the Strait of Hormuz

Restoring transit faces major tactical and financial challenges, such as sea mine removal, armed tanker escorts, and coping with rising insurance costs for maritime cargo. Experts warn that if the current closure is not …

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EconoTimes — Reading the Times. Understanding the Future.

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Restoring transit faces major tactical and financial challenges, such as sea mine removal, armed tanker escorts, and coping with rising insurance costs for maritime cargo. Experts warn that if the current closure is not resolved quickly, it will cause a long global economic slump. Although the G7 has talked on the need for official naval escorts, regional nations such as India are following parallel diplomatic channels with Tehran to reduce tensions. The success of the US-led coalition now depends on its capacity to deploy enough naval force to discourage Iranian aggression while delivering the security assurances required for commercial transportation to restart.

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