The Strait of Hormuz is a critical chokepoint for global energy markets, and any significant disruption or closure would have major economic and geopolitical consequences, says a UK-based economist.

US was forced to abandon its failed blockade of the Strait of Hormuz, pivoting to the so-called “Project Freedom” – a desperate and risky gambit compelled by Iran’s strategic patience, military consolidation, and growing leverage.

When it comes to naval blockades, the one executing it is meant to target one country, but in the case of US naval blockade, the world economy is reeling in a crisis.

Head of Iran’s shipping syndicate says the country’s ports are operating normally despite the so-called US blockade.

Tehran says shifting positions of the US negotiators, lack of coordination in decision-making in Washington, and also total collapse of trust between Iran and the US are among the main obstacles to reaching an agreement to end the war.

A top advisor to the Leader of the Islamic Revolution has warned that a US naval blockade will not push the Islamic Republic "back to the Stone Age" but will instead plunge the "system of domination into an ice age".

Iran is bypassing the US naval blockade by using overland routes, allowing Tehran to maintain trade and oil shipments to key partners like China and Russia.