The world faces the strait crisis; after Hormuz, fear shifts to Taiwan and Malacca!

The crisis in the Strait of Hormuz is creating instability in the global energy market, with concerns that the risk could spread to the Taiwan and Red Sea regions. The heightened tensions between the US and Iran and the weaponization of strategic waterways are being emphasized. Long-term, Middle Eastern countries are expected to increase investment in overland pipelines to reduce the risks of maritime transport.