The Hormuz risk question has changed and compliance frameworks haven’t caught up

AI Summary

The risk landscape in the Strait of Hormuz has evolved, rendering simplistic 'open' or 'closed' classifications inadequate for risk professionals. The 2026 crisis underlines the complexity and ongoing challenges of vessel operations in this strategic chokepoint.

Why “open” is no longer enough The language of open and closed has always been a simplification. Chokepoints do not switch cleanly between states. But the 2026 crisis has made that simplification actively dangerous for risk professionals. The Strait is not closed. But consider what characterises the vessels continuing to operate through it. More than ...