On 23rd March this year, a large container vessel ran aground and blocked Suez Canal, leading to the maritime shipping traffic coming to a halt at one of the world’s busiest waterways. It had remained struck for 6 days, with more than 400 ships being stranded in the waterway. While the vessel was dislodged using tugboats and dredgers, it caused significant adverse implications to the already suffering global economy amid the pandemic. This rare incident highlights the importance of strategic chokepoints in economic growth.
The US government under President Donald Trump had made an unprecedented move by recognizing Golan Heights as a part of Israel. This move was condemned by many countries as well as the international community. This is because the Golan Heights was captured by Israel from Syria during the Six-Day War in 1967. The Golan Heights is highly vital for Syria and Israel, both economically and strategically.
The strait of Hormuz plays a vital geopolitical role to the point where the US Fifth Fleet guards this strait. But during the recent days, Iran has threatened the safe passage of oil tankers in this strait in response to the crippling unilateral sanctions placed on its economy by the Trump Administration.