Analysis: Iran’s stranglehold on Strait of Hormuz loosens as Gulf Arab oil reaches market 53%
AP News - By JON GAMBRELL, DAVID MCHUGH - 6/12/2026, 2:23 PM
Appeal to Authority 30.9% - Negativity Bias 20.6% - Biased Writer Voice 19.8%
DUBAI, United Arab Emirates (AP) — Iran’s stranglehold on the Strait of Hormuz may be easing — and its own oil problems now seem to be mounting. The crucial strait at the mouth of the Persian Gulf, through which a fifth of the world’s oil and natural gas supplies once passed, has been effectively shut by Iran’s attacks on shipping since... more