The region is sliding into geo-economic chaos as the precarious US-Iran ceasefire begins to fray. The resumption of hostilities has once again threatened global supply lines, sending oil prices climbing by over 3% yesterday to their highest in four weeks. Two things are for sure: diplomacy is taking a backseat and all CBMs brokered over the Straits of Hormuz are falling apart. The aggressive maneuvers on the part of Tehran to assert its absolute supremacy over the water channel, as is evident with a legislation underway in its........

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