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Analysis: The Strait of Hormuz: The supply chain loop that broke the world

Source: News.Mcmaster.Ca

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<p>The Strait of Hormuz is closed for the first time in the life of the Islamic Republic. Understanding why it stayed open for so long, and why it’s not open now, requires thinking not in terms of current entities but in terms of loops.</p> <p>It took only five days after the attack on Iran by the U

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