Consultivo
20 May, 2026
Hormuz Strait remains effectively closed, adding further pressure on global energy prices
Despite no shortage of political statements and media reports that an imminent opening of the Strait of Hormuz is close, the reality is that the strait remains effectively closed. The US launched Operation Freedom on 4 May to evacuate stranded commercial vessels in the Gulf; however, the initiative was shelved the following day, with the US announcing it would pause the operation at the request of the Pakistani government, citing progress in peace talks.
