Iran's Grip on Hormuz Begins to Slip
A leading expert on energy and geopolitics claims that Iran's control over the Strait of Hormuz is weakening, rendering it less valuable as a strategic asset. Dr. Thomas O'Donnell says that while Iran still has some influence through its oil exports, its ability to defend the strait is dwindling due to US military action.
The expert points out that despite Iran's 'sophisticated panoply' of defenses, its proxies in the region have been degraded over years of war with Israel and nuclear ambitions delayed after the 12 Day War in June. He estimates that only 14-15 million barrels of oil travel through Hormuz daily, but notes that this can be easily managed without relying on the strait.
O'Donnell also highlights planned pipelines in the UAE and Iraq that will reduce Iran's leverage over the region. US Treasury Secretary Scott Bessent predicts that within two years, 50-70% of exports through Hormuz will travel via underground pipelines, diminishing its strategic value.