A comment.
The probable effects of this will be:
- a sharp spike in global prices, not just of oil, gas,diesel, and fertilizer, but of transportation and food.
- the seize-up of multiple supply chains.
- increased volatility in already volatile financial markets.
- severe damage to the economies of Arab Gulf allies.
- global recession.
The Strait was open until Trump's war closed it. Trump's efforts to reopen it have now been reversed in a self-destructive effort to ensure it remains closed. How does any of this make sense?