The Hormuz Corridor Deal locks in Iran’s coercive leverage, converting a wartime contingency into routine administration funded by Arab exports.
Friday, October 9, 2026
The Hormuz Corridor Deal locks in Iran’s coercive leverage, converting a wartime contingency into routine administration funded by Arab exports.
A fragile maritime truce reopens the Strait of Hormuz to shipping, but persistent regional friction and unresolved conflicts leave energy markets on edge.
Iran war roils energy markets: Brent tops $92, Hormuz choked, Qatari LNG halted. Strategic reserves cushion.