Passage by Passport On Tuesday, as Americans voted in the midterms, an Iranian lawmaker announced that ships from India, China, Iraq and Qatar would be exempt from Hormuz transit restrictions. Indian and Chinese ships would pay a fee, and everyone else would stay at risk. That same week, a tanker of Russian diesel was sailing […] The post The Empty Buffer: Why the World’s Oil Safety Net Was Built for the Wrong War appeared first on Modern Diplomacy.