Could take six months to fully clear the Strait of Hormuz of mines deployed by the Iranian military, and any such operation is unlikely to be carried out until the US war with Iran ends, WaPo reports citing Pentagon informing Congress

Concerns about the Strait of Hormuz being mined by Iranian military forces could indicate rising tensions in the region, potentially leading to disruptions in oil supply. Given that a significant portion of the world's oil passes through this strait, any delays in clearing it may heighten risk premia in energy markets, particularly impacting WTI prices. Watch for investor sentiment and commodity pricing reactions as developments unfold.