India, March 23 -- The world today finds itself in the midst of a raging war that has brought the global oil and energy trade close to a standstill, mainly because the Strait of Hormuz, under the control of Iran, stands choked with hundreds of ships awaiting their fate and journey.

It is all but reminiscent of a similar waterway chokehold that brought the global trade to a worrying halt, though under under much less tense circumstances - the Suez Canal logjam triggered by the wedging of one of the world's largest container ships.

March 23, 2026, marked five years of when the Japanese-owned container vessel, MV Ever Given, with an all-Indian crew of 25 members aboard, blocked the Suez Canal in 2021, and did not budge for the six days. Th...