Yeah, I doubt that strategy will be of much benefit longer
Posted on: June 23, 2025 at 13:07:20 CT
JeffB
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term, nor even a way to stop traffic through the Strait.
It was obviously a shot across the bow, however, and significant enough to get six tankers to turn around & at least temporarily halt their shipment.
I would imagine that insurance rates and shipping rates through the Strait of Hormuz are already quite a bit higher than they were a week ago.