Hormuz Is a Warning Shot — Europe’s Energy Strategy Is Stuck in the Past

The recent flare-up between Israel and Iran, followed by U.S. military engagement and a tenuous ceasefire, has once again exposed just how fragile the geopolitical architecture of global energy truly is. While open conflict has temporarily de-escalated, this latest episode shows that the risk of broader regional disruption remains very real. At the center of it all lies the Strait of Hormuz, the narrow maritime corridor through which a fifth of the world’s oil and a third of its LNG passes each day. Even in the absence of a full-scale blockade,…