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The Nexus
SECURITYJul 10 · 10:00 UTCFOX NEWS

Iran's biggest weapon against the US may be slipping away, experts say

Iran's attacks on commercial shipping in the Strait of Hormuz have caused oil prices to rise, but experts suggest its ability to use the strait as economic leverage against the U.S. may be weakening due to increased global oil production, alternative export routes, and shifting shipping patterns. The Trump administration has responded by declaring the U.S.–Iran MoU 'over' and warning of potential naval blockades if attacks continue.

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