Fortune
Forget the ceasefire — The U.S. and Iran are still locked in combat over the Strait of Hormuz as Tehran tries to shut down a competing route
The U.S. and Iran remain in a geopolitical standoff over the Strait of Hormuz even as ceasefire talks dominate headlines. Washington has established and expanded an alternate maritime corridor along Oman's coastline to handle both inbound and outbound vessel traffic. Control of the world's most critical oil chokepoint is very much still in play.
Read article →