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Iran’s Hormuz leverage keeps pressure on energy routes amid conflict
Middle East observers say Iran is unlikely to cede its Strait of Hormuz leverage even after a June 17 memorandum of understanding with the US, while attacks on energy and shipping corridors extend across the Red Sea and Suez Canal.
The South China Morning Post reports that Middle East observers view the United States as facing a potential strategic defeat after launching an Iran war five months earlier, with Iran unlikely to fully relinquish its influence over the Strait of Hormuz.
According to the outlet, Iran sees its leverage over the global economy as its main advantage in a conflict it cannot win militarily, and observers say Tehran has concluded its June 17 memorandum of understanding with the US is all but dead.
The report adds that Iran’s Revolutionary Guards and allied groups have continued escalating, targeting energy infrastructure and supply chains across the Red Sea, Suez Canal, and the eastern Mediterranean.
The outlet says targets have included Saudi Arabia, Jordan, and Egypt, and that Syria could be next.