Iran's Grip on Strait of Hormuz Tightens as Gulf States Weigh Risks

Gulf states in the Middle East are facing a difficult decision regarding control over the Strait of Hormuz, a vital waterway for energy exports.

A proposed arrangement to reopen the strait has become the preferred option for several Gulf states despite their concerns over Iranian oversight.

The alternative is a wider US-Iran confrontation that could put oil, gas, power, and water facilities across the region at greater risk.

Iran is seeking financial relief and a prohibition on US and Israeli warships in the strait, while Washington has rejected any arrangement that would allow Tehran to impose restrictions on shipping.