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US dollar50.87EGPEuro59.06EGPBritish pound68.90EGPSaudi riyal13.57EGPUAE dirham13.85EGPKuwaiti dinar164.74EGPJordanian dinar71.75EGPQatari riyal13.98EGPTurkish lira1.05EGPChinese yuan7.55EGPGold 247,084.78EGP/gGold 216,199.18EGP/gGold 185,313.58EGP/gSilver105.65EGP/g

World

US or Iran: Who will win the Hormuz endurance game?

By Inquirer (PH) · May 24, 2026 · 1 min read Inquirer (PH) ↗

US or Iran: Who will win the Hormuz endurance game?

Deadlocked, dysfunctional and dangerous: That is how the Strait of Hormuz standoff is increasingly being described. Now approaching its fourth month, the crisis off the coast of Iran is marked by mutual blockades. Tehran has been charging ships up to $2 million (€1.73 million) for safe passage through the strait, while the United States has imposed a naval embargo, turning back vessels carrying Iranian oil exports. These competing blockades have failed to deliver decisive results. Some Iranian ships continue to slip through, while several Asian shipping firms have agreed to pay tolls, despite such fees violating international maritime law. READ: How Iran is wielding the Strait of Hormuz as leverage Fragile negotiations between the US […]…

Keep on reading: US or Iran: Who will win the Hormuz endurance game?

المصدر: Inquirer (PH)

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