Walking away from the Strait of Hormuz won’t make gas cheap again
CNN • • general
Key Points:
- The Strait of Hormuz, a critical oil transit chokepoint, remains effectively closed amid US-Iran tensions, causing global energy prices to surge and increasing recession risks worldwide.
- President Trump has suggested ending the US military campaign and letting other countries handle reopening the strait, but experts warn this could worsen the energy crisis by ceding control to Iran.
- The US is linked to global oil markets through imports and exports, meaning disruptions in the Strait of Hormuz affect domestic fuel prices despite high US oil production.
- If Iran maintains control of the strait, geopolitical risk premiums will keep oil prices elevated, with potential long-term damage to global energy security and economic stability.
- Analysts emphasize that without reopening the Strait of Hormuz, any US military withdrawal would only provide short-term relief, failing to resolve the underlying supply disruption.
![Pixel 11 Pro is thinner, but mostly the same in first leak [Gallery]](https://media-cdn.cashwalklabs.io/https%3A%2F%2Fi0.wp.com%2F9to5google.com%2Fwp-content%2Fuploads%2Fsites%2F4%2F2026%2F03%2Fgoogle-pixel-11-pro-onl-2.webp%3Fresize%3D1200%252C628%26quality%3D82%26strip%3Dall%26ssl%3D1?format=webp&w=120&h=80){kind=tracking}
