Iran now has powers to shut Strait of Hormuz at will, US Intel report says
- Posted on June 17, 2026
- By Business News Today
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- 1 min read
Iran now has powers to shut Strait of Hormuz at will, US Intel report says
Iran can now control the Strait of Hormuz, a critical global waterway. This ability poses a significant threat to global economies. US intelligence agencies have revealed this assessment. The situation remains uncertain, with potential impacts on shipping traffic for weeks or months. President Trump plans to release the agreement text soon.
