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The Price of Vassalage
How Europe’s response to the Hormuz crisis is blunting the very tools it needs to escape import dependency
The Pain Factor
🎧 Why markets anticipate a long Hormuz closure
Hormuz closure triggers record TTF liquidation
Gas and LNG prices surge, as the storage-speculation nexus lights up along the forward curve
Strategic shock in the Middle East
Iran, the Gulf, and the crisis of regional order