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We'll see if the markets are still too optimistic here or not. I don't see how this will resolve quickly, so the Strait of Hormuz will likely remain essentially
by fabian2k 7mo ago
We'll see if the markets are still too optimistic here or not. I don't see how this will resolve quickly, so the Strait of Hormuz will likely remain essentially closed for quite a bit longer. I don't see any escort plans by US military ships as working, if Iranian troops actively try to disrupt this.
- tharmas 7mo agoIt's the insurance companies who are saying "no way". No insurance, no shipping.