Published: Jul 20, 2026, 17:42 IST | Updated: Jul 20, 2026, 17:42 IST
Five fronts, and one global economy caught in the crossfire. From the Persian Gulf to the Hindu Kush, geopolitics is no longer a backdrop to trade, it's rewriting it.
Start with the Strait of Hormuz, the world's most consequential chokepoint. Since the U.S.-Israel-Iran war erupted in February, the world's seaborne oil trade and global LNG supply chains has taken a hit.