News analysis
Testing times ahead as Iran aims for control of Strait of Hormuz
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In theory, the Strait of Hormuz, the waterway through which about a fifth of the world’s oil and natural gas passes, is open again to international traffic.
PHOTO: REUTERS
- Renewed US-Iran clashes over Strait of Hormuz highlight Iran's aim to control this vital oil shipping route despite a temporary ceasefire and a 60-day agreement.
- Iran seeks strategic control of the strait to gain regional power, secure revenues up to US$40 billion, and deter future attacks by positioning missile batteries.
- International law treats the strait as open to free navigation; the US and allies reject Iran's demands for transit fees and control, considering multinational protection forces.
AI generated
BRUSSELS – The renewed military clashes between the United States and Iran remain modest in scale.
The United States claims to have struck six land-based Iranian missile launchers and coastal radar stations on June 26, after an Iranian drone hit a Singapore-flagged container ship leaving the Strait of Hormuz a day earlier.
