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Globalisation was never simply “countries trading more”.
It was the replacement of older naval competition with a system where prosperity became tied to materials, goods and energy continuing to move.
Everyone had a financial interest in leaving the sea lanes open.
What people get (very) badly wrong on globalisation. Inter-connectivity isn't going away but that is giving growing power to non-state actors to threaten almost everyone. We are going to need more not less global cooperation to fix that. www.theguardian.com/world/2026/s...
theguardian.com
Satellite images show extent of damage to major Saudi pipeline, amid global oil supply fears
Saudis yet to provide details about damage from drone attack to key east-west pipeline to Red Sea that could affect 4% of global oil supply