Gideon Rachman

Gideon Rachman is the Financial Times’ associate editor and chief foreign affairs commentator, writing and speaking on international politics and geopolitics. Before joining the FT in 2006, he spent 15 years at The Economist as a correspondent and editor.

The Hormuz Shock Is Raising the Cost of Energy Security

The Financial Times’ analysis of the Iran war argues that the disruption to energy supplies through the Strait of Hormuz has exposed how quickly a regional conflict can raise prices and strain economies. Its contributors differ on whether the shock marks a new normal, but several warn that governments may need to pay more for backup supplies, diversified energy sources and greater resilience, even if the conflict ends.

Financial TimesOct 8, 20266 min read