https://www.live-feeds.com/feed/is-iran-losing-its-leverage-over-the-strait-of-hormuzContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/is-iran-losing-its-leverage-over-the-strait-of-hormuzhttps://www.live-feeds.com/feed/is-iran-losing-its-leverage-over-the-strait-of-hormuz#u99647Sun, 04 Oct 2026 18:21:45 +0000Iran is losing its grip on the Strait of Hormuz as crude oil exports from other Gulf producers return to nearly prewar levels. JPMorgan reports Mideast crude flows have hit 98% of prewar levels, while other sources indicate Persian Gulf exports outside Iran have returned to roughly prewar figures. This recovery is driven by US Navy support, increased use of pipelines, and tanker transfers. While crude flows have rebounded, fuel shipments remain constrained and high insurance costs and vessel attacks continue to keep oil prices elevated.Why it mattersThe Strait of Hormuz is a critical global en