Shaping a New Security Framework for the Strait of Hormuz
Experts explore how the GCC and Iran can establish a novel security architecture for the strategic Strait of Hormuz, offering the US an opportunity to de-escalate tensions in the region.
Tensions in the Strait of Hormuz, a critical global maritime chokepoint, have been on the rise in recent years, fueling concerns about potential conflict and disruptions to international trade. However, experts suggest that a new regional security framework involving the Gulf Cooperation Council (GCC) and Iran could provide a pathway for de-escalating tensions and establishing a more stable environment in the strategically vital waterway.
The Strait of Hormuz, which connects the Persian Gulf to the Gulf of Oman and the Indian Ocean, is a crucial global shipping route, with an estimated 21 million barrels of oil passing through it every day, accounting for about a fifth of the world's total oil consumption. Any disruptions to this critical maritime chokepoint could have significant repercussions for the global economy.
Source: Al Jazeera
