Iran’s Strait leverage could reshape global energy for years
Analysts on Iran International’s Eye for Iran podcast argue the 2026 closure of the Strait of Hormuz has given Tehran enduring leverage, with discussions of transit fees and greater influence over shipping. The disruption is accelerating a shift to pipelines and alternative routes, prompting diversification of oil flows and investment in new hubs, while market recovery is expected to be slow into 2027. Regionally, the closure strains economies such as the UAE and exacerbates domestic inflation and employment challenges in Iran, all amid ongoing conflict and sanctions that complicate a quick return to prewar normality.