How Iran turned a tiny island into an oil 'toll booth' as Tehran cements grip on global energy flows

Apr 3, 2026 - 00:00
How Iran turned a tiny island into an oil 'toll booth' as Tehran cements grip on global energy flows
Iran has established a de facto safe shipping corridor in the north of the Strait of Hormuz to select ships, as Tehran sought to monetize its grip over the waterway.