Global trade threatened by conflict in the Strait of Hormuz as blockade continues
The Strait of Hormuz is the epicentre of a new global crisis as Iran weaponises the vital 34-kilometre waterway. By blocking the route and demanding tolls for IRGC-approved vessels, Tehran has paralysed international trade. Following the US seizure of an Iranian ship, lawmakers are moving to place the strait under strict military control, viewing it as their ultimate deterrent.
This hardline stance has sparked outrage, with the UAE condemning the blockade as "hostile piracy". As Oman aligns with Tehran, US President Donald Trump has been forced to seek diplomatic talks in Pakistan. However, Iran remains resolute: no negotiations will occur until the American naval blockade is completely lifted. The strait is now Tehran's most powerful trump card.
Keep updated, follow The Business Standard's Google news channel
