Increase in Hormuz oil traffic is papering over a darker reality
Responsible Statecraft · middle east
Reports that more oil is getting through the Strait of Hormuz have been heralded as a win for the Trump administration, but experts say this kind of happy talk hides the fact that the war remains in a quagmire. As shipping costs rise and Iran continues to attack vessels, world markets — including fuel — will remain in peril for the foreseeable future.In other words, no matter how much narrative-shaping is attempted to alter American perspectives before the midterms, prices for consumers will not come down to so-called pre-war levels in time for any change. If anything, the diesel crisis contin
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