Iran “has played their ace” - POLITICO
• Several nations are actively seeking to reduce their strategic reliance on the Strait of Hormuz to mitigate the impact of Iranian control. • Regional countries are constructing new pipelines to bypass the strait, while Asian nations are diversifying their energy portfolios with coal and clean energy. • These shifts matter as they weaken Iran's ability to use the waterway as geopolitical leverage against global energy markets.
politico.com

