Two months after the Iran war began, the Strait of Hormuz remains severely restricted for tanker traffic while U.S. President Donald Trump faces a key legal deadline at home under the 1973 War Powers Resolution. As of early Friday, May 1, the deadlock at the world’s most vital oil chokepoint, the Strait of Hormuz, doesn’t appear close to being resolved. The U.S. is doubling down on the naval blockade outside the Strait aimed at stopping Iranian oil exports. But Iran controls most vessel movements through the lane and is increasingly…
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