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Even if the fees Iran can charge for passage through the Strait of Hormuz diminish over time, its strategic leverage will not necessarily fade in step. Indeed, it may even deepen as the regime institutionalises its regional influence
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The Economist
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Even if the fees Iran can charge for passage through the Strait of Hormuz diminish over time, its strategic leverage will not necessarily fade in step. Indeed, it may even deepen as the regime institutionalises its regional influence
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Iran and Oman are close to agreeing on new arrangements for the Strait of Hormuz, but not for a full reopening of the vital waterway, Iran's state news agency says.