Iran changed the rules in Hormuz. The Gulf is changing the rules for Iran
Iran has leveraged the ongoing conflict to gain influence over the Strait of Hormuz. In response, Saudi Arabia, Turkiye, and Pakistan are developing a new regional security framework to counter Tehran's increased leverage. While Iran seeks to control passage and impose transit fees through Hormuz, the United States rejects these conditions, aiming for unimpeded commercial shipping. Negotiations between Iran and Oman regarding the Strait's reopening are ongoing, but disagreements persist over territorial water control and transit payments, which pose challenges for international shipping companies due to US sanctions. The central issue remains who will dictate the rules governing the Gulf.