Iran has reopened the Strait of Hormuz—but experts say they now hold a card that works ‘almost like a nuclear deterrent’
- Posted on April 17, 2026
- By Fortune
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Iran has reopened the Strait of Hormuz—but experts say they now hold a card that works ‘almost like a nuclear deterrent’
Oil prices plunged 10% on Friday's announcement, but two veteran energy analysts say the celebration might be premature.
