World‘Economic war’: Is Iran losing its leverage over the Strait of Hormuz?
Oil flows through the Strait of Hormuz have recovered to nearly 80 percent of their pre-war level, potentially weakening Iran’s bargaining power with the United States. Yet tanker insurance remains costly and energy shipments are still insecure while the wider conflict remains unresolved, so a return to normality is not imminent.
‘Economic war’: Is Iran losing its leverage over the Strait of Hormuz?
World