"The Strait of Hormuz, a narrow passage between Iran and Oman, is vital for global oil supply, with roughly 20% of the world's oil flowing through it."
"Since the 1980s, Iran has threatened to disrupt traffic through the Strait of Hormuz as a means to exert pressure on the global economy."
"Currently, Iran is making good on its threats by slowing traffic to a trickle, amidst rising oil prices and potential attacks from the United States and Israel."
"The Trump administration has yet to demonstrate a coherent plan for countering Iran's strategy, which has been announced for decades."
The Strait of Hormuz is a narrow passage between Iran and Oman, through which approximately 20% of the world's oil supply flows. Iran has historically threatened to disrupt traffic in this strategic choke point to exert pressure on the global economy. Currently, facing potential attacks from the United States and Israel, Iran is following through on its threats by significantly slowing traffic. The Trump administration has not yet shown a coherent strategy to counter Iran's long-standing threats regarding this vital waterway.
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