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The Strait of Hormuz has energy markets nervous about Iran, but there are alternate routes around the chokepoint
fortune.com/2025/06/23/strait-of-hormuz-alternate-routes-oil-prices-energy-markets-iran-us-attack-saudi-arabia-uae-pipelines
Iran’s military capabilities have been diminished by punishing strikes from Israel, but Tehran still has significant leverage as it weighs a response to the U.S. bombing of its nuclear facilities over the weekend. A top target would be the Strait of Hormuz, a critical chokepoint in the…
This story appeared on fortune.com, 2025-06-23 17:27:56.