EnergyCriticalConfirmedAccelerating
10.0
Strait of Hormuz shipping remains severely constrained despite mine clearance
OilPrice.com·US · IR·3 days ago
US forces struck Iranian positions on Larak Island in the Strait of Hormuz, the first such attack in about a month, marking a shift from economic pressure to direct military action to protect shipping. Iran has responded with retaliatory strikes, escalating the conflict in a critical chokepoint for global oil transit. The scope of damage and the extent of Iran's retaliation remain unclear, but the risk to shipping and energy flows is elevated.
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