As tensions escalate in the Strait of Hormuz, a quieter but equally significant shift is underway in the Strait of Malacca. The United States has moved to deepen defence ties with Indonesia, signalling a broader strategic recalibration across key global chokepoints. Carrying nearly 40% of global trade, Malacca is the lifeline of the world economy - and a critical vulnerability for China, with the bulk of its energy imports passing through this narrow corridor. The emerging US footprint here is being closely watched as a potential pressure point in the Indo-Pacific balance of power. For India, the stakes are equally high. With the Andaman and Nicobar Islands overlooking key sea lanes and strategic assets like INS Baaz, New Delhi remains central to any regional security architecture. From Hormuz to Malacca, this is no longer just about trade routes - it is about control, leverage, and the future of global power projection.