Through the narrow throat of the Strait of Hormuz, where geography has long made history, oil is moving again — 6 to 8 million barrels a day threading between Iran and Oman, enough to keep global energy markets from tipping into crisis. Gulf producers are pressing forward with exports despite Iranian attacks on supertankers that fractured a ceasefire just weeks ago, wagering that the corridor will hold. The recovery is real, but it rests on a fragile equilibrium: half of what once flowed through these waters, sustained by risk-tolerant shippers, watchful navies, and the hope that escalation st