War and Drought Are Choking the World’s Most Vital Trade Routes
Since early March, a previously obscure waterway between Iran and Oman that very few people could name has become the subject of daily reporting around the world after Iran closed it in response to the attack on Iran by the United States and Israel. The Strait of Hormuz, which remains closed to most
Source: OilPrice.com
―
DW NOTE
The Strait of Hormuz has been closed since February 28 with 2,000 ships stranded in the Gulf. That's not choking trade routes — it's severing the world's jugular. Global oil supply is down 4.3 million barrels per day this year because of it. When a headline uses present continuous tense for a six-month blockade, you're watching legacy media pretend slow-motion catastrophe is breaking news.