Executive Summary Navigational Index Pillar I — The Protection-Rent Architecture The transformation of naval security, mine clearance, surveillance, convoy management, sanctions enforcement, and maritime-domain awareness into a revenue-producing access system. Pillar II — Legality, Sovereignty and Counter-Coalitions The collision between U.S. coercive capacity, international navigation law, Omani territorial responsibilities, Iranian counter-pressure, European regulatory autonomy, and … Leggi tutto Hormuz Protection Rents: Security as Revenue