A fifth of the world’s oil goes through the Strait of Hormuz.
              Gallo Images/Copernicus Sentinel 2017/Orbital Horizon via Getty Images

bk: michael, reminder to please fill our your disclosure when you have a second. it’s the red button at right

The “fog of war” refers to confusion and uncertainty on the battlefield and the attendant possibility of fatal error. This principle has a parallel when it comes to the economic consequences of wars as well, especially when they occur in a region that is a chokepoint for the production and shipment of one-fifth of the world’s oil and a third of its natural gas.

Originally published on theconversation.com, part of the BLOX Digital Content Exchange.

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