India, April 1 -- The situation in the Middle East is reaching a critical juncture, especially with news that the United Arab Emirates plans to join a US-led effort to reopen the Strait of Hormuz. It would completely change the Middle East with major cities like Dubai and Abu Dhabi becoming centers of political activity.
The Strait of Hormuz is responsible for carrying 20% of the world's oil, according to international estimates. Any problem that comes up in this narrow strait would have an immediate effect on oil prices and the global economy. The recent rise in hostilities between Iran and the US is making people very worried about the UAE's possible involvement.
Middle East Tensions: Why the Strait of Hormuz Matters
The Strait...
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