‘Economic war’: Is Iran losing its leverage over the Strait of Hormuz? | US-Israel war on Iran News

Author: Usaid SiddiquiPublished on: September 30, 2026Country: Iran
PoliticsBusiness & Economy
‘Economic war’: Is Iran losing its leverage over the Strait of Hormuz? | US-Israel war on Iran News

As Iran and the United States work with mediators to end seven months of hostilities, shipping traffic through the Strait of Hormuz has been steadily increasing, reaching nearly 80% of pre-war levels. This recovery could weaken Iran’s leverage in negotiations for a favorable deal, despite ongoing sanctions and high insurance costs for oil shipments. Experts warn that full stability in the Strait is not yet guaranteed, and the situation remains uncertain as the broader conflict persists.

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