Iran Emerges Bruised but Powerful With Leverage Over Hormuz

The Strait of Hormuz has become the epicentre of rising US-Iran tensions, with Donald Trump accusing Tehran of obstructing global oil shipments. Meanwhile, Mojtaba Khamenei has declared a “new stage” in managing the vital waterway, tightening Iran’s grip. With hundreds of ships stalled and oil markets rattled, the standoff is testing a fragile ceasefire and raising fears of wider escalation.