BRUSSELS, Belgium, June 25 -- The European Policy Centre posted the following commentary on June 23, 2026, by senior visiting fellow Chris Kremidas-Courtney to Euractiv:

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Hormuz and the new era of economic warfare

Tehran may be losing the export battle but its capacity to hamstring the global economy remains unchecked

The Strait of Hormuz crisis is offering new lessons about how power works in the 21st century. Europe should take heed.

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