Wednesday, 26 August 2026 · World
USD/EUR 0.8569 USD/GBP 0.7331 USD/JPY 159.2 USD/CNY 6.737 All rates →
RSS
EUROS The World Financial Report
Nº 46 Wednesday, 26 August 2026 · World Edition
LATEST
Front Page

Iran faces strait of Hormuz paradox as strategic value of chokehold erodes

Business | The Guardian · 1h ago · 🇺🇸 United States
Iran faces strait of Hormuz paradox as strategic value of chokehold erodes

Internal calls to end war get louder as Gulf neighbours plan alternative pipelines to cut reliance on waterway Is the strait of Hormuz, recently cited by the office of the Iranian supreme leader as “the pillar of Iran’s new security order”, and as transformative as possessing a nuclear weapon, in reality becoming a fast-diminishing asset, leaving Iran increasingly vulnerable to the new planned US wave of economic sanctions? It is the key debate that is raging inside Iran, with many different conclusions being drawn for Tehran’s negotiating strategy. Those who warn the strait’s value as a choke

Read the full story at Business | The Guardian →