The battle for Hormuz risks sparking the next Iran clash
- Posted on May 12, 2026
- By Business News Today
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- 1 min read
The battle for Hormuz risks sparking the next Iran clash
Iran is now controlling passage through the Strait of Hormuz. This new arrangement could continue even after the current conflict ends. Gulf exporters and buyers are uneasy about Iran dictating oil and gas flows. The United States opposes this shift in control. The future of the Gulf hinges on who ultimately controls this vital waterway.