transformations and their impact on the global energy security architecture, focusing specifically on the Iranian strategy toward the Straits of Hormuz and Bab el-Mandeb between 2024 and 2026. The research aims to analyze how Iran has transformed maritime chokepoints from mere trade routes into tools of “Sea Denial” and transboundary political leverage. Utilizing geopolitical analysis and systems theory, the study deconstructs the impact of asymmetric threats on oil and gas market stability and explains the escalation of the “Geopolitical Risk Premium” in global exchanges. The study concludes that Iran’s dual positioning has created what can be described as a “Geopolitical Pincer,” granting Tehran a superior ability to remotely control the security of energy flows. This has imposed a hybrid security reality that tips the scales in favor of dominant regional powers over traditional international power balances, making market stability contingent upon political consensus with Tehran.