Iran’s Strait of Hormuz leverage is fading as global oil keeps flowing - opinion
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Source: The Jerusalem Post
Published: 2026-08-26 01:03 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, Economy & Finance, Financial Markets, Elections, World News, Business & Economy, War & Conflict
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Snippet:
The main economic flash point in the US campaign against Iran has been the Strait of Hormuz, which carried roughly 20 million barrels of oil a day before the war. That choke point no longer dominates the global energy market the way many feared it would.
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