Hormuz Closed. Houthis Closed Yanbu. The Backups Ran Out.
Global shipping was designed to survive one chokepoint crisis at a time. Four routes are now consuming each other's spare capacity.
Continuity is the quietest form of power. These chapters read the architecture that outlasts events: institutional lock-in and systemic inertia, energy dependency and the Strait of Hormuz, escalation that builds its own momentum, and the strategic constraints no single actor can reverse.