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Strait between the Persian Gulf and Gulf of Oman
The Strait of Hormuz is a waterway between the Persian Gulf and the Gulf of Oman. On the north coast lies Iran, and on the south coast lies the Musandam Peninsula under the Musandam Governorate of Oman, with a portion of the southwest of the peninsula under the United Arab Emirates (UAE). The strait is about 104 miles long, with a width varying from about 60 mi to 24 mi.
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Persian Gulf crude exports have returned to roughly prewar levels outside Iran as producers increasingly rely on pipelines, tanker transfers, and military-protected Hormuz crossings, reducing Iran’s leverage over the strategic waterway
Iran’s economic crisis, inflation and sanctions are weakening its leverage over the Strait of Hormuz as Gulf oil shipments recover.
Gulf oil flows hit ninety-two percent of prewar levels in late September as shuttle tankers and US protection weaken Iran's Hormuz leverage.