Will the Iran conflict end in checkmate or stalemate?
Much is uncertain, now with the Strait of Hormuz’s vulnerability apparent and key issues still unresolved
SHAH mat – a Persian phrase dating back to AD 600 and meaning (approximately) “the king is helpless” – evolved over subsequent centuries into “checkmate”, uttered by the winner to the losing player in the game of chess.
With the Strait of Hormuz serving as one giant chessboard and a growing sense that the endgame in the Iran conflict is in sight, it is impossible not to wonder how the final few moves will be played out.
Will the crisis conclude in a draw, checkmate or stalemate? This is the critical question that politicians and markets are grappling with right now.
TRENDING NOW
Think twice about rebuilding that old landed property into a super-big house to max out GFA
SpaceX’s US$1.75 trillion IPO: How retail investors, including those in Singapore, can buy shares
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Battle for Asia’s ultra-rich: ‘Singapore can’t afford to keep losing clients to Dubai, Hong Kong’