Iran has lost considerable leverage in the Strait of Hormuz. It can’t go on like this forever

Haber özeti

Gulf oil producers, with considerable support from the US Navy, are jamming crude through the Strait of Hormuz, right under Iran’s nose. Oil and petroleum product flows through the critical chokepoint averaged 13.1 million barrels per day last week, according to Kpler, a marine data tracking service. That’s just under 80 percent of the 17.1 …