I like the progress but I think the article oversell the hope here. Its not about getting to 10s of crossings a day. The previous volume of ships was 130-140 pe

I like the progress but I think the article oversell the hope here. Its not about getting to 10s of crossings a day. The previous volume of ships was 130-140 per day. If the capacity of the strait is down +90% their is going to be long lasting problems. I've seen as many as 3 million of the ~20 million barrals might be getting through. The 17m/day deficit has to come from somewhere i.e more coal or increased oil prices or reduced World GDP by reduced production/consumption. Also Iran's leverage is in the reduced world volume. If they allow 110 Ships to go through but block the 20 american-aligned (vastly over stated US-bound ships are not anywhere near 20/day). Than the problem for the US is minimized because that would stablize oil prices a reduction of 2% of the world supply might be managable 20% is very hard to make up. Being seperated from the US does not = safety because Iran's leverage is the world shock that will effect the US last. The US is net exporter of Oil. They also import a ton of oil from other nations though due to the Jones act (temporarily on hold). Oil is a world market if cheap oil flows Iran's leverage is gone.