US intelligence believes Tehran gained leverage by proving it can block the Strait of Hormuz, as Trump defends a deal that leaves nuclear disputes for later and offers Iran early oil sanctions relief

Hegseth said the U.S. naval blockage in Iran is "impenetrable" and 125 million barrels of oil have now exited the Gulf, "showing that we control the strait."

Oil might soon flow through the Strait of Hormuz, but the damage done by Trump’s war will linger for a very long time.

The US and Iran have agreed on an interim deal to end the war, removing a major overhang for markets and sending oil prices lower

Iran’s biggest trump card proved to be its ability to blockade ships passing through the Strait of Hormuz.

A landmark agreement has been reached between the Trump administration and Iran to end their conflict and reopen the Strait of Hormuz. This development offers global market…

Iran can now control the Strait of Hormuz, a critical global waterway. This ability poses a significant threat to global economies. US intelligence agencies have revealed this…