Project Freedom: Inside the 2026 Strait of Hormuz Crisis

Project Freedom in 2026 represents the most significant chapter yet in the decades-long contest over access to the Strait of Hormuz, highlighting the world's vulnerability in the global energy system. The Strait of Hormuz handles approximately 25% of global seaborne oil trade and serves as a critical transit route for LNG, refined petroleum products, and fertilizer feedstocks. Tension in the Strait can trigger significant volatility in global energy markets.