Toward Decline
The Straits Are Not OK
Foreign Policy Major outlet·2026-08-07EnergyP1: Resource SovereigntyP2: Fiscal EngineP5: Strategic DecouplingP6: Defence Surge
Why it matters
Hormuz closure directly threatens Australia's critical fuel and LNG import security, undermining resource sovereignty and fiscal stability. Australia imports ~80% of refined petrol, ~50% of diesel, and depends heavily on Middle East LNG; extended closure forces drawdowns of strategic reserves, escalates energy costs, and exposes dependence on waterway neutrality that the article argues is no longer guaranteed.
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