Two descriptions of the Strait of Hormuz are in circulation. Washington says the waterway is open, that mines have been cleared, and that oil is moving. Tehran says the strait stays shut until the United States corrects its conduct. Both statements are being made by people with access to the same hydrographic reality, which means the disagreement is about definitions and … [Read more...] about Iran’s Hormuz Conditions Make the Oman Corridor a Technical Deal, Not a Reopening
Strait of Hormuz
Two Chokepoints at Once: How Saudi Crude Is Still Reaching Market
Saudi Arabia is the only major exporter currently exposed to both of the region's contested chokepoints in the same quarter. Hormuz has been disrupted since the spring, which pushed volume west across the peninsula to the Red Sea. The Houthi blockade then put pressure on the western outlet. The kingdom's exports have nonetheless continued, and understanding how is more useful … [Read more...] about Two Chokepoints at Once: How Saudi Crude Is Still Reaching Market