Hormuz deal and energy security crisis

Proposed Iran-Oman deal gives Tehran control over Strait of Hormuz shipping, threatening global energy security and trade routes. This adds a concrete high-stakes angle to Davos discussions on geopolitical risk, energy markets, and middle-power hedging. Requires verification but could dominate WEF agenda. A new article, 'The World Is Repricing Power,' provides sharp analysis of Iran's strategic consolidation over Hormuz and its implications for global power dynamics. Citi revised Q3 2026 Brent forecast to $80/bbl, citing US-Iran conflict, providing market context.