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Finance

The Iran war could last ‘deep into 2027’ as the Strait of Hormuz isn’t that closed, allowing more oil to leak out—but major escalation is likely soon

▶ Fortune Aug 23, 2026 Aug 23 👁 2 views

The Iran war could last ‘deep into 2027’ as the Strait of Hormuz isn’t that closed, allowing more oil to leak out—but major escalation is likely soon

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"And if the Strait is not fully closed, Iran’s leverage is weak. Thus, Iran has reasons to escalate." "And if the Strait is not fully closed, Iran’s leverage is weak. Thus, Iran has reasons to escalate." Read the full story on Fortune via the link below.

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