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View all search resultsIn the wake of the crisis stemming from the closure of the Strait of Hormuz, ASEAN should consider a regional strategic reserve mechanism, coordinated procurement arrangements and emergency energy-sharing frameworks.
The Iran war has revealed how deeply material interests are embedded in strategic calculations, concentrating rewards among powerful insiders while leaving society to absorb the costs. As long as chaos remains politically and economically rewarding, such conflicts will remain difficult to contain.
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