US or Iran: Who will win the Hormuz blockade endurance game?
AI Summary
The standoff at the Strait of Hormuz continues into its fourth month with mutual blockades by Iran and the US. Iran is charging ships up to $2 million for safe passage while tensions remain high as the crisis disrupts this key shipping route.
Deadlocked, dysfunctional and dangerous: That is how the Strait of Hormuz standoff is increasingly being described. Now approaching its fourth month, the crisis off the coast of Iran is marked by mutual blockades. Tehran has been charging ships up to $2 million (€1.73 million) for safe passage through the strait, while the United States has ...