Description
The Strait of Hormuz is not the world’s only maritime chokepoint. The Strait of Malacca carries an even bigger share of the world's oil and runs through Indonesia, Singapore and Malaysia. Inspired by Iran's closure of Hormuz, some Indonesian politicians have recently suggested charging ships to use the Malacca strait. How would this affect global trade?
Read more: bit.ly/4f9hy8t
Subscribe to The Economist: https://econ.st/3Mia0pz
Download The Economist app: https://econ.st/4qdVVaA
Follow us on X: https://x.com/TheEconomist
Follow us on Instagram: https://www.instagram.com/theeconomist
Follow us on Facebook: https://www.facebook.com/TheEconomist