Tehran Takes the Strait — and the Premium

Iran has asserted control over the Strait of Hormuz, a decisive move that spurred a partial retreat of U.S. sanctions. With growing fears of a shortage in medium-sour crude, Washington has allowed Iranian oil already at sea to re-enter the market, showing that Tehran holds considerable sway in the ongoing conflict.

Tehran Takes the Strait — and the Premium

Strait of Hormuz has a long history of disruption

The Strait of Hormuz has long been a focal point of Middle Eastern conflict, as highlighted by repeated tensions throughout its history. This article examines the strait’s role in regional politics and warfare, referencing notable conflicts such as the Iran–Iraq War.

Estonia ‘ready to talk’ on Strait of Hormuz backup

Estonia stands ready to discuss its role in supporting security operations in the Strait of Hormuz. While Defense Minister Hanno Pevkur notes that Tallinn has not received a direct request from Washington, he points to President Donald Trump’s broader appeal for NATO engagement in maritime security.

Only 3 U.S. Airlines Can Remain Profitable at Current Oil Prices

Surging oil prices linked to the escalating war with Iran have rattled energy markets, jumping over 9% and threatening the profitability of U.S. airlines. With fuel hedging largely abandoned, many carriers are now exposed to sudden cost spikes, leaving only a small group able to remain profitable.

Only 3 U.S. Airlines Can Remain Profitable at Current Oil Prices

Opinion | Cool Heads Prevailed in the Strait of Hormuz

In the face of tension, the shipping industry trusted that Iran would act in its own best interest by keeping the Strait of Hormuz open—a prediction that proved accurate. Cool-headed decisions have ensured uninterrupted passage through this vital waterway.