History suggests geography can be a nation’s greatest economic asset or its greatest geopolitical liability. Whenever maritime arteries have been disrupted — whether by war, conflict or political confrontation — the economic costs have extended far beyond the countries directly involved. The eight-year closure of the Suez Canal after the 1967 Arab-Israeli war forced ships […]The post Iran’s Hormuz choice: trust pays, coercion doesn’t appeared first on Asia Times.