Iranian retaliation has caused an effective closure of the Strait of Hormuz since ~March 2–4. Traffic has dropped from 150+ vessels/day to near-zero on many days, with 21+ confirmed attacks on merchant ships. This matches the scenario’s description of disruption, price spikes, and US-led response pressure. Reopening Hormuz is economically non-optional. It carries 20% of ...

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Link :
https://www.nextbigfuture.com/2026/03/opening-hormuz-militarily-and-the-economic-time-pressure.html