The US is "taking out" all of Iran’s capability that has anything to do with the Strait of Hormuz and will "end up just controlling the whole thing" in the end, President Donald Trump says in the Oval Office. (Source: Bloomberg)
Since the war began, Iran has only expanded its power over the waterway.
Data: Global Energy Monitor, Axios research; Map: Danielle Alberti/AxiosThe oil market's top players aren't waiting around to see who winds up with control over the Strait of Hormuz — countries and companies are scrambling to bypass the waterway.Why it matters: The Iran war threw a spotlight on the strait as the longtime center of the global energy trade,…
