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Trump's Iran Deal May Have Handed Tehran Control of the Strait of Hormuz
NYT·Monday, 13 July 2026
A deal signed by President Trump has given Iran what it describes as control over the Strait of Hormuz, a critical global waterway for oil and gas shipments. Iran's military is now actively asserting authority there. The US had long maintained that the agreement did not cede control of the strait.
Why It Matters
The Strait of Hormuz carries a huge share of the world's oil and gas — any disruption there directly affects global energy prices, including what India pays for the oil it imports.
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