WITH Iran’s threat to close the Strait of Hormuz in response to economic sanctions by the West, the new ‘great game’ has come into play.
Whereas, the closure of the Strait of Hormuz — the crucial energy conduit through which about one-fifth of the world’s oil passes — could cause a big jolt in global oil markets, it could also engage America, China, Iran, India and Pakistan. Gwadar port in Balochistan is likely to emerge as the key node in this.
The strait is one of the most strategically important chokepoints through which some 14 tankers loaded with 15.5 million barrels of crude pass in one day. The US that maintains a naval presence in the Gulf is currently trying to contain Iran’s influence in the strategically important chokepoint, while Iran is fully prepared to defy the US.








