Keeping the Strait of Hormuz open and free to shipping is a priority for Asia

(East Asia Forum) Iran’s attempts to impose tolls on shipping through the Strait of Hormuz challenge the principle of free navigation under international law and risk setting a dangerous precedent for the weaponisation of major global sea lanes. The conflict, which has exposed Asia’s vulnerability to disruptions in fossil fuel trade, also strengthens the case for accelerating the clean energy transition by preserving an open, rules-based trading system that supports the diffusion of green technologies. For the region’s trade-dependent economies, defending institutions such as UNCLOS and resisting restrictions on maritime commerce will be essential to safeguarding long-term economic security and regional prosperity. – Keeping the Strait of Hormuz open and free to shipping is a priority for Asia | East Asia Forum

Latest articles

Related articles