# Hormuz, War, and what lies beneath - Interpreting the commercial logic behind USA’s Iran gambit

**URL:** <https://ageoftransformation.discourse.group/t/hormuz-war-and-what-lies-beneath-interpreting-the-commercial-logic-behind-usa-s-iran-gambit/295>\
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**Created:** [10 March 2026 11:31 UTC](https://ageoftransformation.discourse.group/t/hormuz-war-and-what-lies-beneath-interpreting-the-commercial-logic-behind-usa-s-iran-gambit/295 "2026-03-10T11:31:43Z")\
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**Author:** ![system](https://global.discourse-cdn.com/free1/uploads/ageoftransformation/original/1X/a3ad116d5a3cee5109c237d008800914c20ec7ac.png) [@system](https://ageoftransformation.discourse.group/u/system)\
**Post date:** [10 March 2026 11:31 UTC](https://ageoftransformation.discourse.group/t/hormuz-war-and-what-lies-beneath-interpreting-the-commercial-logic-behind-usa-s-iran-gambit/295/1 "2026-03-10T11:31:43Z")

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Ten days into a conflict that has effectively shuttered the world's most critical energy chokepoint, Brent crude hovers around $97-98&nbsp;per barrel. The number is striking but what it does not reveal is more telling. Oil&nbsp;is not settled above&nbsp;$100, despite the Strait of Hormuz being, to all practical purposes, closed.

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This is a companion discussion topic for the original entry at [https://ageoftransformation.org/hormuz-war-and-what-lies-beneath-interpreting-the-commercial-logic-behind-usas-iran-gambit](https://ageoftransformation.org/hormuz-war-and-what-lies-beneath-interpreting-the-commercial-logic-behind-usas-iran-gambit)