Iran cannot close the Strait while the U.S. cannot open it, leaving oil markets trapped in costly limbo.
Browsing: Reserves
China’s yuan ambitions face structural limits, with capital controls blocking reserve status while invoice role still grows slowly.
Hormuz closure should have caused a price catastrophe. China’s demand cuts and record reserve releases changed everything.
Despite the largest oil supply disruption in history, prices remain calm. Demand-side responses, not just supply, explain why.
Unplanned war with Iran drains US munitions, strips Pacific defenses, and erodes the US military edge needed for future conflicts.
The energy supply cliff means empty pumps, not expensive fuel — and nine economies will fall over it by late summer 2026.
The Strait of Hormuz is effectively closed; the U.S. must act fast to prevent an energy crisis.