It's been three days. Satellite images show the inspiring but futile efforts of the tiny tugboats trying to dislodge it. See more stories on Insider's business page. A comically large container ship ...
The 1956 Suez Crisis saw Egypt seize the Suez Canal. France, UK, and Israel plotted to retake it but failed. Lessons from this failure elucidate the Hormuz Crisis today.
The world’s most valuable trade routes are no longer those that minimise distance but those that minimise uncertainty, with predictability becoming the new currency of globalisation.