Although 14 to 15 million barrels of oil passed through Hormuz per day before the war, an expert told the Post that it was entirely possible to manage without much of that supply.

Hormuz was Iran’s best card, and it’s already been played and lost. What remains is a regime running out of money, running out of allies, and running out of time.

Internal calls to end war get louder as Gulf neighbours plan alternative pipelines to cut reliance on waterway