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The Hormuz trilemma: Why Lee Jae Myung’s Iran calculation is harder than Roh’s Iraq decision - Korea JoongAng Daily
Korea JoongAng Daily · September 15, 2026 · Week 2026-38
Summary
This article analyzes South Korea's foreign policy dilemma concerning the security of the Strait of Hormuz, contrasting current challenges involving Iran with past decisions related to Iraq. It highlights the geopolitical risks to energy supply chains for major Asian importers dependent on Gulf crude.
Strategic Implication
Highlights the persistent geopolitical risk premium associated with the Strait of Hormuz, which directly impacts the energy security strategies of major Asian importers.