Perhaps the most unsettling lesson from the closure of the Strait of Hormuz is the gap between what we knew and how we prepared. Countries should use whatever easing of immediate pressures occurs to strengthen resilience before the next shock arrives.
Taiwan’s energy challenges highlight the limits of fossil fuel–based energy security as geopolitical tensions reshape global energy markets and supply chains.
Despite calls for mediation, the grouping has remained fragmented, highlighting its role as a ‘club’ like the G7 rather than a forum for collective action..