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Global Business News

The Economic Times

Global Business / The Economic Times

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Why it's so hard to reopen the Strait of Hormuz

Hundreds of oil tankers are stranded as Iran blockades the Strait of Hormuz. Soaring oil prices are impacting the global economy. Experts warn that reopening the vital shipping route will be challenging without a diplomatic solution or a lengthy military occupation. Iran's geography favors its asymmetric warfare tactics, making it difficult to fully restore traffic.

26 Mar 2026 7:30 am