# Why Is Oil at $100 If Trump Is Winning the Battle in Hormuz?

https://mins.news/en/item/79875

- Bloomberg News, 2026-09-30 08:00 UTC
- Economy
- Original: https://www.bloomberg.com/opinion/articles/2026-09-30/why-is-oil-at-100-if-trump-is-winning-the-battle-in-hormuz?link_source=ta_bluesky_link&taid=6abcc18b275db5000164acd3

> The author says that despite Tehran’s claims to the contrary, the Strait of Hormuz is effectively wide open and Donald Trump has the upper hand in the contest. Crude exports from US allies in the region through the strait and bypass routes have recovered to about 80% of prewar levels, while Iran’s own oil exports have fallen to zero.

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