Every Month That Iran Holds the Strait Hostage, the World Spends More Money on Never Needing It Again at All

Every Month That Iran Holds the Strait Hostage, the World Spends More Money on Never Needing It Again at All

Iran’s successful use of the Strait of Hormuz as leverage against the United States may be working now, but it won’t in the long run. The longer the disruption goes on, and the economic fallout worsens, some of the world’s biggest oil buyers are looking elsewhere for their crude – and Gulf oil producers are looking for alternative routes to the international market. President Donald Trump attends UFC 314 at the Kaseya Center in Miami, Florida, S…