The Hormuz Crisis Has Forever Changed the Economics of Energy Security
Complex systems reveal their true characteristics only under stress. Disturbance exposes assumptions that routine operation conceals and becomes the catalyst for adaptation. Capital reassesses risk, governments reconsider policy, and markets establish a new equilibrium. The resulting system may ulti
Source: OilPrice.com
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DW NOTE
The Strait has been closed for three and a half months — that's not a crisis anymore, it's the new equilibrium. Insurance premiums have repriced, inventories have shifted, and Europe is running on U.S. LNG whether it likes the terms or not. The real story isn't energy security, it's who made money while everyone else scrambled for supply.