<p>Wolfgang Lehmacher on how the world needs to learn to live without the ‘extreme dependence’ on a single sea lane. The world has lived under the Hormuz bargain: extreme dependence on a single sea lane for cheap energy and food. About a quarter of all seaborne oil moves through the Strait of Hormuz. Large shares of &#8230;</p> </p><p><p>https://splash247.com/the-end-of-the-hormuz-bargain/</p></p>