Trump's Military Strategy Has Broken Iran's Control Over the Strait of Hormuz, Lowering Oil Prices

Source: "HUGH HEWITT: President Trump has broken Iran's grip on the Strait of Hormuz | Fox News." September 29, 2026. www.foxnews.com

The Gist

Hugh Hewitt argues that Trump's military pressure has broken Iran's ability to threaten oil shipping through the Strait of Hormuz, as evidenced by a new 'shuttle' system where 116 tankers now safely move oil through US-protected waters. He claims this proves Iran is defeated and cornered, and that oil prices will keep falling as a result, finally ending decades of an 'Iran tax' on the global economy.

Conclusion

President Trump and the American military have effectively defeated Iran's ability to control or threaten the Strait of Hormuz, which will result in falling oil prices and represents a major strategic and economic victory.

Premises

  1. The UAE, followed by Saudi Arabia, Kuwait, Qatar, and Iraq, have developed a successful 'Hormuz Shuttle' system using a new shipping channel along the Omani coast, protected by the US military, to move oil out of the Gulf despite Iranian threats.
  2. Approximately 116 oil tanker hulls are now actively using this shuttle system, demonstrating its scale and effectiveness.
  3. Oil-exporting countries dependent on the Strait are now operating at 80-90% of pre-conflict (January) export rates, except for Iran.
  4. The price of oil (West Texas crude and Brent) has been declining and is expected to continue falling as traders recognize Iran cannot stop the shuttle trade.
  5. Iran has not attempted to disrupt shipping in recent weeks, reportedly out of fear of Israeli retaliation.
  6. The IRGC and Iranian regime are now in a strategically cornered position with no escape except through concessions to Trump.
  7. Historically, the world has paid a 'mullah tax'—an economic burden—since 1979 due to the risks posed by Iran's regime, and defeating Iran's leverage would lift this tax.

Assumptions

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