The Iran Deal Obscures the Coming Test for Global Shipping’s Two-Tier Resilience
G7 leaders last week endorsed the US-Iran memorandum of understanding, praising the framework for reopening the Strait of Hormuz and easing energy market volatility. Crude futures have eased as initial tanker movements resume. Yet this surface calm masks a deeper structural shift: the agreement formalizes a two-tier maritime system where state-aligned energy flows receive preferential […]
