
Central Asiaβs wartime windfall ends with the war
For 100 days the closed Gulf made Central Asiaβs oil more valuable and its non-Gulf routes look wise. With Hormuz reopening, the region goes back to competing on price and reliability, with less of both than it would like.

Iran and the US agree to end the war and reopen Hormuz, and oil tumbles
President Trump declared a deal with Iran complete on 14 June, set to reopen the Strait of Hormuz after more than 100 days. Oil fell below $84 on Monday, down from a wartime peak near $126. For Central Asia, the windfall is ending with the war.

The Iran war reignites and the Strait of Hormuz shuts again
Iran and the United States traded strikes again on 11 June, and Tehran declared the Strait of Hormuz closed to all shipping. For Central Asia the effects are higher prices and a southern route to the sea that is shut once more.
