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The Economic Times
The Economic Times
National

US and Iran vie for Strait of Hormuz, waterway key to global energy supplies, in latest attacks

Dubai: The United States and Iran each asserted Monday they controlled the Strait of Hormuz after a weekend of attacks stretching across the wider Middle East, further threatening any diplomacy to end the war.

The attacks, sparked by Iran striking a container ship in the strait off the coast of Oman, again underlined that the waterway that once saw a fifth of the world's traded crude oil and natural gas pass through it remained the key issue in negotiations. The narrow mouth of the Persian Gulf has seen shipping disrupted since the start of the war as Iran maintained a chokehold on it by attacking commercial vessels around it, intimidating shippers.

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