Iran loses grip on Strait of Hormuz as US as Tehran calls on Americans to vote out Trump
Iran has lost significant leverage over the Strait of Hormuz, with Middle East crude oil exports returning to pre-war levels. JPMorgan reports flows have reached 98% of pre-war volume. Despite this recovery, oil prices have crossed $100 per barrel due to regional escalation. Tehran has called for Americans to vote out Donald Trump while facing a record low currency value. The conflict remains active as the US and Israel seek to reopen the strait and negotiate Iran's nuclear program.
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- ✓ The US and Israel have been at war with Iran and its allies since February 28, 2026.
- ✓ The war began with the assassination of Iranian Supreme Leader Ali Khamenei in airstrikes.
- ✓ Middle East crude oil exports have returned to pre-war levels.
- ✓ Oil prices have exceeded $100 per barrel.
What changed
Middle East oil exports have nearly returned to pre-war levels despite Iran's claims that the Strait of Hormuz will remain closed.
Live updates
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Iran Loses Leverage in Strait of Hormuz Amid Ongoing War with US
Iran has lost significant leverage over the Strait of Hormuz, with Middle East crude oil exports returning to pre-war levels. JPMorgan reports flows have reached 98% of pre-war volume. Despite this recovery, oil prices have crossed $100 per barrel due to regional escalation. Tehran has called for Americans to vote out Donald Trump while facing a record low currency value. The conflict remains active as the US and Israel seek to reopen the strait and negotiate Iran's nuclear program.
Why it matters
The US and Israel entered a war with Iran on February 28, 2026, following the assassination of Supreme Leader Ali Khamenei. This conflict followed the Twelve-Day War in June 2025 and broader crises stemming from the Gaza war. US objectives include regime change and preventing Iran from obtaining nuclear weapons.
What is confirmed
- The US and Israel have been at war with Iran and its allies since February 28, 2026.
- The war began with the assassination of Iranian Supreme Leader Ali Khamenei in airstrikes.
- Middle East crude oil exports have returned to pre-war levels.
- Oil prices have exceeded $100 per barrel.
Still unconfirmed
- Iran's currency has hit a record low.
- Iran has lost considerable leverage in the Strait of Hormuz.
- Tehran is calling on Americans to vote out Donald Trump.
- Iran says the Strait of Hormuz will remain closed.
What to watch next
- Outcome of US-Iran negotiations regarding the nuclear program
- Official data on the total volume of oil flows through the Strait of Hormuz
- Changes in US public opinion regarding the war and Donald Trump
confidence 80%Sources used for this update (20)
- www.aljazeera.com — Iran | Iran | Today's latest from Al Jazeera
- www.cnn.com — Iran news - breaking stories, video and analysis | CNN
- www.iranintl.com — Home | Iran International
- en.wikipedia.org — Iran - Wikipedia
- www.aljazeera.com — What are Iran’s latest conditions to end its war with the US?
- CNN — Iran has lost considerable leverage in the Strait of Hormuz. It can’t go on like this forever
- The Economist — Has Iran lost its grip on Gulf oil exports?
- Bloomberg.com — Mideast Crude Oil Flows Hit 98% of Pre-War Level, JPMorgan Says
- The Washington Post — Why a rebound of oil shipments isn’t bringing a big drop in prices
- Fox News — Iran loses grip on Strait of Hormuz as US as Tehran calls on Americans to vote out Trump
- Al Jazeera — ‘Economic war’: Is Iran losing its leverage over the Strait of Hormuz?
- WSJ — Middle East Crude Oil Exports Back at Prewar Levels, Analysts Say
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