India, April 28 -- History shows that the Strait's future may be like El-Mandeb or Suez?

Despite more clarity, or rather greater enthusiasm about the opening of the Strait of Hormuz and the end of war, the future of global oil supplies remains under a churn. Many experts believe that the Strait's trajectory may be similar to China's after the pandemic. Then, nations vigorously and rigorously pursued China+1 to make their supply chains more varied and flexible, even if more expensive. In the future, both buyers and sellers may aggressively maintain Hormuz+2 routes to ensure greater safety, security, and certainty. For the once-crucial Strait, life after Iran may never be the same again.

According to a recent article, "Markets and policy-...