Geopolitics

Iran Regains Strategic Leverage Over Global Energy Chokepoint

Monday, May 18, 2026

Iran has restored control of 30 of 33 missile sites near the Strait of Hormuz while implementing new navigation laws, dramatically shifting the military balance around the world's most critical energy transit route. This capability enhancement occurs as 57 countries have imposed direct fuel price controls in response to the crisis, marking a fundamental breakdown in energy market norms.

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Iran now possesses credible leverage over 20% of global oil flows, forcing permanent geopolitical risk premiums into energy markets and accelerating the shift toward state-controlled energy governance.

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strait-of-hormuz
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