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The Strait of Hormuz's future is unsettled in wake of latest strikes
By Wyatte Grantham-Philips And Mae Anderson, Associated Press at KSAT 12 (ABC affiliate)
· June 23, 2026
· 6 min read
The flow of ships and oil through the Strait of Hormuz was starting to pick up. Then an Iranian drone hit a cargo ship trying to pass the strait through a route Iran doesn’t like. The U.S. responded with strikes of its own on Iranian military facilities, and more fighting erupted.That has blunted...
Key takeaway Then an Iranian drone hit a cargo ship trying to pass the strait through a route Iran doesn’t like.
Why this matters in The San Antonio
San Antonio 's economy, heavily reliant on the oil and gas industry, stands to benefit from the increased ship traffic in the Strait of Hormuz. As a major hub for refineries and pipelines, the city's businesses and residents are closely tied to the global energy market. With the interim deal between Iran and the US, local refineries may see a decrease in costs associated with importing oil, potentially leading to lower fuel prices for consumers. However, the uncertainty surrounding control of the strait and potential tolls on vessels could lead to continued volatility in the market, affecting local businesses and jobs. As negotiations between Iran and the US continue, San Antonio will be watching closely to see how the situation unfolds and how it may impact the local economy. The city's refineries and energy companies will likely be monitoring the situation, preparing for potential changes in the global oil supply chain.
About this story
Original reporting by KSAT 12 (ABC affiliate) . The San Antonio surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 23, 2026 ·
Source: KSAT 12 (ABC affiliate) ·
Reading time: 6 min
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Frequently asked about this story
What is this story about? The flow of ships and oil through the Strait of Hormuz was starting to pick up. Then an Iranian drone hit a cargo ship trying to pass the strait through a route Iran doesn’t like. The U.S. responded with strikes of its own on Iranian military facilities, and more fighting erupted.That has blunted...
When was this published? This article was first published on June 23, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by Wyatte Grantham-Philips And Mae Anderson, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The San Antonio, or browse our daily briefing and topic hubs .
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