Over $40bn & global fuel crisis: What it cost US and the world to 'open' Strait of Hormuz | TheBriefWire
Over $40bn & global fuel crisis: What it cost US and the world to 'open' Strait of Hormuz
Published 15 June 2026 ยท world
A costly US military operation, dubbed 'Epic Fury,' aimed at reopening the Strait of Hormuz has resulted in billions spent, hundreds of aircraft lost, and
A costly US military operation, dubbed 'Epic Fury,' aimed at reopening the Strait of Hormuz has resulted in billions spent, hundreds of aircraft lost, and thousands of lives lost across the region. Despite the immense price, Iran maintains the strait was never closed, highlighting a stark paradox in the conflict's outcome and its devastating global impact on trade and energy.
Published: June 15, 2026 โข 6:53 PM IST ยท Updated: June 15, 2026 โข 7:33 PM ISTBy TheBriefWire Editorial Team
Key points
A costly US military operation, dubbed 'Epic Fury,' aimed at reopening the Strait of Hormuz has resulted in billions spent, hundreds of aircraft lost, and thousands of lives lost across the region.
Despite the immense price, Iran maintains the strait was never closed, highlighting a stark paradox in the conflict's outcome and its devastating global impact on trade and energy.