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Jul. 19, 2026

The world is looking ahead toward a post-Iran oil market that offsets most Hormuz volumes in a few years as ships reject a U.S.-backed alternate route

The world is looking ahead toward a post-Iran oil market that offsets most Hormuz volumes in a few years as ships reject a U.S.-backed alternate route

Iran’s chokehold over the Strait of Hormuz remains firmly in place, but global oil markets could nearly eliminate their dependence on the contested waterway in a few years. Despite more than a week of daily bombardment, the U.S. military has... Read more.

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