Since late February, the Strait of Hormuz — a narrow passage through which one-fifth of the world's oil once flowed freely — has become the fulcrum of a larger contest between sovereign grievance and global necessity. Iran, holding the leverage of geography, now conditions the reopening of that waterway on American sanctions relief and war reparations, sending Brent crude above $83 a barrel and reminding markets that energy security and geopolitical dignity are rarely negotiated on separate terms. The world watches a chokepoint that is also, in its way, a mirror: reflecting how fragile the arc
Oil prices rise as Iran demands US concessions to reopen Strait of Hormuz
At least 17 deaths and 64 violent incidents involving commercial vessels have occurred in the region since the conflict began.