Iran's Control Over Strait of Hormuz Questioned Amid Rising Tensions
Reports indicate that Iran may be losing control over parts of the Strait of Hormuz, as ships increasingly opt for alternative routes through Omani waters. This development comes amid rising Iranian attacks on ships in the strait and a lack of US response, causing oil markets to brace for potential escalation.
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Oil Markets Brace for Iran's Next Move Amid Hormuz Stalemate | Insight with Haslinda Amin 8/19/2026
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Read full article →Oil edges higher as Iranian attacks on ships in Strait of Hormuz without U.S. response rise
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