Some of the finance bro analysis I've seen from the Straits of Hormuz closure is that investors & industrialists got burned a few generations ago during the Western/OPEC gas crisis of the 70s & 80s.

As in, even though there was rationing & fuel shortages in the West in the 70s, the investors in large, high-input cost expansion projects ended up getting burned later in the 80s when tensions thawed with the Saudis and cheap Tusken Raider oil started flowing again. Making their new projects unfeasible & uncompetitive.