[Editorial] Hormuz tensions are escalating again, energy supply instability must be thoroughly prepared

Ships in the Strait of Hormuz seen from Musandam, Oman on the 9th (local time). Tensions between the United States and Iran over the Strait of Hormuz are rising again. U.S. President Donald Trump announced on the 10th (local time) that “the ceasefire has ended,” and Iran’s Revolutionary Guard declared a blockade of the Strait of Hormuz on the 12th. The two countries signed a memorandum of understanding (MOU) on the 17th of last month, signing a 60-day ceasefire...