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Swiss energy analyst Alexander Stahel asserts that the Iranian regime has lost control of the Strait of Hormuz, citing a new logistical system that moves oil around the chokepoint.
Stahel, writing in his Monday morning investment letter The Commodity Compass, describes a "Hormuz shuttle" that has scaled up to move massive quantities of crude from the Arabian and Persian Gulf to global markets.
The system reportedly relies on a shipping channel along the Omani coast, patrolled and protected by the United States military.
Stahel notes that while Central Command is not using the destroyer-heavy escort tactics of previous decades, current methods have proven effective.
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