Trump May Open the Hormuz, But He Can’t Prevent Next Oil Shock - Benzinga

Source: Benzinga

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DW NOTE

The Strait has been effectively closed for 162 days, 2,000 ships remain stranded in the Gulf, and mine-clearing will take six months once Iran agrees to stop. A ceasefire doesn't reverse an 8 million barrel-per-day supply loss overnight — it just ends the part where new mines get laid. Trump can negotiate reopening; he cannot negotiate away the structural fragility of putting 21% of global petroleum through a 21-mile chokepoint that any regional power can shut on a week's notice.

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