A fragile U.S.-Iran peace deal attempts to restart massive energy flows through the Strait of Hormuz, face-to-face with extensive wartime infrastructure damage.
Thursday, July 23, 2026
A fragile U.S.-Iran peace deal attempts to restart massive energy flows through the Strait of Hormuz, face-to-face with extensive wartime infrastructure damage.
Armed clashes and deep-seated regional mistrust threaten the tentative U.S.-Iran maritime pact, leaving global energy markets and relief routes in limbo.
Hormuz closure threatens Asian energy security as reserves vary widely—Japan’s 250 days versus India’s 20.