Straitjacket Diplomacy The standoff over the Strait of Hormuz has entered its latest phase, with neither side willing to budge on their positions.
The tension between Iran and the US is well documented, but the impact on global oil supplies is a more nuanced issue.
Iranian President Masoud Pezeshkian has been vocal about maintaining control over the strait even after the conflict ends, citing sovereignty in a region crucial for global trade and energy supplies.