Strait of Hormuz: Iran’s grip slips as ships increasingly use UN-authorised Oman route; US blockade gains ground
Iran's control over the Strait of Hormuz is diminishing as 80% of vessels now use a UN-authorized Omani route instead. This shift follows increased US naval presence and protection, making the Oman route more appealing. With a ceasefire deal expiring this week, Iran faces challenges in reinstating tolls for ships, impacting its revenue from the strategic waterway.