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أخبار الخليج
Iran's Strait Influence Wanes
The developments indicate that U.S. economic pressure is weakening Iran's control over the Strait of Hormuz, as its ability to exert full dominance over passage through the strait has diminished. Before the conflict, approximately 20% of global oil supplies transited through the strait. Strict sanctions have led to a decline in Iranian oil exports and restrictions on access to foreign currencies, undermining its economic influence and threatening its stability. Although Iran has attempted to impose costs on navigation, the American blockade has a significant impact on its economy, amidst increasing internal and external pressures. Meanwhile, energy markets are adjusting to the new circumstances and continue to flow supplies through alternative routes.
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