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Fortune
Fortune
Business
Jason Ma

Iran proved it can close the Strait of Hormuz, but the U.S. is advertising very loudly that the world's top superpower can at least punch open a hole

(Credit: U.S. Navy)

Regardless of a ceasefire deal that reopens the Strait of Hormuz, Iran’s demonstrated ability to shut it down will continue to hang over the global economy, rendering the narrow waterway a contested space.

But while the U.S. has failed to restore freedom of navigation in the strait, a steady drumbeat of messaging recently suggests an effort to dilute Tehran’s new leverage.

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