The Strait of Hormuz is back in the headlines. Again. Roughly a fifth of globally traded oil passes through that narrow maritime corridor between Oman and Iran. And once more, geopolitical tensions in the Middle East have turned this chokepoint into a pressure valve for the entire global economy. Insurance premiums spike. Tankers hesitate. Traders hold their breath. Politicians rush to microphones. And Europe wonders why its energy bills are rising. There is something profoundly frustrating about this moment, not because it is surprising, but because…