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Market outlook: beyond the chokepoint: how the Middle East conflict is triggering a global energy reset
Four months after the Middle East conflict upended the world’s most critical transit chokepoint — the Strait of Hormuz — the global energy system is undergoing a profound structural reset. While the US-Iran memorandum of understanding (MoU) has successfully defused immediate supply shock anxieties, the market’s focus remains firmly on creating a new, post-war energy landscape that is resilient, secure and sustainable.