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Iran's Strait Control Cuts Traffic 95%, Raises Energy Prices

3/26/2026

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Story summary
  • Iran's control of the Strait of Hormuz has reduced traffic by 95% in three weeks, raising energy prices.
  • Analysts say Iran and its adversaries are using GPS jamming and spoofing in an electronic warfare arms race after U.S. and Israeli strikes.
  • Former military officials say Iran's targeting accuracy has improved, possibly due to acquiring China's BeiDou system.
  • The disruptions are complicating maritime operations and increasing risks for commercial shipping.