The Hormuz Cataclysm: How US-Iran War Shatters Hegemony

The effective collapse of the June 2026 US-Iran ceasefire has triggered a Strait of Hormuz crisis that destabilizes global energy markets and forces allies to abandon singular US dominance for strategic hedging. This escalation exposes the fragility of a polycentric order, revealing that no single hegemon can now guarantee stability amid rising nuclear proliferation and economic sovereignty threats[1][4][5].