What Happens If The Straight of Hormuz Closes Forever?

Created by Dangerously Informed with Evie
At first, everyone thought the Strait of Hormuz crisis would be temporary.
Some weeks of disruption.
Some higher oil prices.
Then things would calm down and the global economy would move on.
But months later, ships are still stranded offshore. Insurance companies still treat the Gulf like a war zone.
And one of the most important shipping lanes on Earth still hasn’t fully regained the trust of global trade.
the longer this drags on, the less this looks like a temporary crisis…
and the more it looks like the world adapting to a system that may never fully work the same way again.
What happens if the strait of Hormuz stays closed?

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