Gulf States Accept a New Normal in Hormuz

“Persian Gulf energy producers are concluding that Iran’s control over the Strait of Hormuz will become permanent, disrupting their oil and gas exports and global energy supplies indefinitely,” the Wall Street Journal reports.

“The problem is they worry the alternative—going back to war—would be worse.”

“The conundrum highlights how the war has unleashed a more antagonistic Iran and left a region that is vital to the world’s energy security with no good option for countering it.”