I mean, this is actually the correct move strategically. They need to ensure Iran gets no toll fees so shutting down all traffic until they can open the straight does make sense. The problem is that 40% of the oil China receives comes through the straight. It'll be interesting to see how China reacts.
I mean, this is actually the correct move strategically. They need to ensure Iran gets no toll fees so shutting down all traffic until they can open the straight does make sense. The problem is that 40% of the oil China receives comes through the straight. It'll be interesting to see how China reacts.
(You wrote the only worthwhile comment in the thread)