Iran Conflict Keeps Hormuz at the Centre of the Energy Crisis

2026, September 24

Iran / United States / Gulf region

The Strait of Hormuz remains a major flashpoint as Iran maintains pressure on shipping and the United States continues seeking a settlement to the wider conflict. Iran has claimed attacks against vessels it says attempted unauthorized passage, while regional tensions have already disrupted maritime traffic and contributed to higher energy-market volatility.

U.S. President Donald Trump has demanded major concessions from Tehran, including on nuclear capabilities and access through the strait, while Iranian officials have indicated that they are reviewing proposals involving the lifting of the U.S. naval blockade. Direct and indirect contacts have resumed, but the two sides remain far apart.