Hysteresis in economics refers to an event in the economy that persists even after the factors that led to it have run their ...

Hoover Institution fellow Eyck Freymann explains what the Iran war and the blockade of the Straight of Hormuz reveals about modern economic chokepoints, geopolitics and war strategies.

Britain’s economic situation will not all “return to normal” once the Strait of Hormuz has reopened, Sir Keir Starmer has ...