Israel instigated the war on Iran and yet it has borne few of its costs.


Israel instigated the war on Iran and yet it has borne few of its costs.

The fate of the strait is directly linked to what happens next to the world economy.
![FILE PHOTO: Vessels at the Strait of Hormuz, as seen from Musandam, Oman, [Reuters]](/wp-content/uploads/2026/07/reuters_6a464d29-1782992169.jpg?resize=270%2C180&quality=80)
It has to choose stability or permanent war.

The past month and a half have shown that the nature of modern warfare is shifting.
