The US Has Loosened Iran’s Grip on the Strait of Hormuz, but the Costly War Is Far From Over
U.S. pressure has cut Iran’s oil exports to about 255,000 barrels a day while Gulf shipments have risen to 8.4 million, Kpler said.
- In recent weeks, the United States has succeeded in loosening Iran's grip over the Strait of Hormuz while virtually shutting down Iranian oil exports, accelerating the country's economic free fall.
- The unpopular war has cost U.S. taxpayers more than $37.5 billion, and Brent crude surged above $100 this week, threatening inflation as the stalemate persists.
- Oil expert Homayoun Falakshahi reported Iran's exports plummeted to around 255,000 barrels a day in August, while non-Iranian exports surged to 10.8 million barrels daily through alternative routes.
- Iran-Backed Houthis have stepped up attacks on Saudi Arabia's Jizan refinery, threatening critical shipping through the Bab el-Mandeb chokepoint and regional oil exports.
- Ali Vaez of the International Crisis Group warns Washington lacks a clear victory strategy, while researcher Danny Citrinowicz notes Tehran will likely escalate rather than accept an indefinite maritime blockade.
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14 Articles
Cherokee Tribune Ledger News
The US has made progress in reopening the Strait of Hormuz, but the Iran war is far from over
The United States has succeeded in loosening Iran's grip over the Strait of Hormuz while virtually shutting down Iran's own exports. But the conflict is far from over and remains costly for both sides. The economic pressure on Iran has…
US weakens Iran's hold on Strait of Hormuz as war drags on
In recent weeks, the United States has succeeded in loosening Iran’s grip over the Strait of Hormuz while virtually shutting down Iran’s own oil exports, accelerating its economic free fall. But the war launched by the US and Israel in February — intended to last a few weeks — is still far from over, and … Get the latest updates in Hyderabad City News, Technology, Entertainment, Sports, Politics and Top Stories on WhatsApp & Telegram by subscrib…
The Economic Times
Times of IndiaCostly war far from over even as US loosens Iran's grip on Strait of Hormuz
US has restricted Iran's oil exports and loosened its Strait of Hormuz control. This ongoing conflict, however, is nowhere near resolution and its costs are only rising. Iran's leaders have shown no signs of backing down and may even escalate military actions further.
US weakens Iran in Hormuz, but costly war shows no sign of ending
US forces have eased non-Iranian oil flows through the Strait of Hormuz while nearly choking Iran's exports. Yet the prolonged conflict is lifting energy prices, stretching American resources and offering no diplomatic breakthrough.
The US has loosened Iran’s grip on the Strait of Hormuz, but the costly war is far from over – WTOP News
In recent weeks, the United States has succeeded in loosening Iran’s grip over the Strait of Hormuz while virtually shutting down Iran’s own oil exports, accelerating its economic free fall. But the war launched by the U.S. and Israel in February — intended to last a few weeks — is still far from over, and...
The Toronto Star
The US has loosened Iran’s grip on the Strait of Hormuz, but the costly war is far from over
In recent weeks, the United States has succeeded in loosening Iran's grip over the Strait of Hormuz while virtually shutting down Iran's own oil exports, accelerating its economic free fall.
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