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US wrests Hormuz leverage
A report by *The Washington Post* said U.S. operations in the Strait of Hormuz had restored oil exports to about 14 million barrels a day in the week ending October 18—nearly 80% of prewar levels—after they fell to around 7 million in July. About 30 ships a day transited the strait in October, but at least 25 vessels have come under attack since the start of the month, making the recovery fragile and leaving Iran’s ability to influence energy markets intact. Securing shipping depends on a multilayered U.S. system, while the prospect of renewed intensive strikes on Iran poses a further challenge to Washington’s ability to protect vessels.
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