A hidden cost of war that will eventually trickle down to your grocery, gas, and heating bills is set to rise sharply in 2027 because of the contested Strait of Hormuz.
After 8 months of war, the critical chokepoint for global oil shipping has split into two routes: one side controlled by the Islamic Revolutionary Guard and the Persian Gulf Strait Authority (PGSA), and the other corridor kept open by a U.S. naval blockade and forces escorting commercial ships on a route that hugs Oman’s coastline. Despite having a lane for ships that wish to bypass the PGSA, shipping costs are set to rise in 2027 if Iranian attacks on tankers continue apace or the war escalates before or after the U.S. midterm elections. (RELATED: EXCLUSIVE: The Iran War Is Going To Go Ballistic After Midterms)
Read Full Article: https://dailycaller.com/2026/10/26/iran-war-shipping-costs-strait-of-hormuz-insurance/
