Battle for Hormuz: U.S. Seizes Control of Global Oil's Most Critical Chokepoint

Six months into the U.S.-Iran war, American forces have effectively secured the Strait of Hormuz, transforming the world's most dangerous energy chokepoint into a flowing corridor of oil. President Trump declared the waterway open for business Thursday, saying Iran's military response has been "very mild" — a dramatic shift from the near-total blockade that roiled global energy markets earlier this year.

The significance is enormous: normally, more than 100 vessels per day...