WSJ: Gulf States Accept Iran in Control of Hormuz
Get the Geopolitics newsletter
Daily geopolitics — wars, elections, sanctions, the diplomatic moves that move markets. Free.
- WSJ reports Gulf states have accepted a new normal in which Iran is in control of the Strait of Hormuz.
- Qatar says Iran-Oman talks on Hormuz management have reached an advanced stage, while Iran's steep demands of the US threaten to derail reopening of the strait.
Why it matters: Gulf states publicly acquiescing to Iranian control of the Strait of Hormuz — a waterway through which a significant share of global oil passes — marks a major shift in regional power, and Iran's preconditions for the US suggest reopening talks could collapse even as diplomacy advances.
Ask SkimNews
