The Strait of Hormuz, a vital waterway for global oil trade, has become a point of contention between the US and Iran. US President Donald Trump has repeatedly claimed that the US has total control over the strait, but experts say the reality is more complicated.

Disputed Control

Iran has stated that it will not reopen the strait fully until the US meets its conditions. The US naval blockade of Iran remains in effect, barring ships from going to or from any Iranian port. This has significantly reduced maritime trade in the region, with only 14 vessels crossing the strait on Tuesday, compared to the roughly 120 ships that used to cross daily before the war.

Experts say that neither side has full control over the strait, with the US having a military advantage but Iran having the advantage of proximity. The situation has led to increased insurance costs for shipping companies and a significant reduction in traffic through the strait.

Impact on Global Economy

The closure of the strait has had a significant impact on the global economy, with oil prices rising and trade being disrupted. The US has imposed heavy sanctions on Iran, freezing its assets overseas and limiting its ability to export oil. However, Iran has stated that it is prepared to prolong the war until the US meets its conditions.

The situation in the Strait of Hormuz remains volatile, with the US and Iran engaging in a standoff. The US needs to replenish its forces in the region to increase its leverage in any negotiations with Iran. The outcome of the situation remains uncertain, with the US facing pressure to end the war and bring cost-of-living relief to its constituents.

Original reporting: KEYT (Ventura/Santa Barbara) — read the source article.