Iran is Turning the Strait of Hormuz Into a Sunken Ship Graveyard
So much for the Trump plan to get gas prices down by shipping more oil through the world's most dangerous choke point.
The Strait of Hormuz is basically a no-go zone now. Iran just added two more cargo ships to the bottom of the ocean, effectively turning the world's most critical oil highway into a maritime obstacle course. It turns out that when you try to force tanker traffic through a war zone, the ships don't just magically float past the missiles.
The GFS Pride caught fire and Cape Dao ended up sinking weeks after getting hit, leaving behind a mess and a lost life. Shipping through the strait has plummeted to less than a quarter of pre-war levels because, shockingly, ship owners aren't thrilled about their floating assets becoming submarine bait.
Trump wanted to flood the market to drop gas prices before the midterms, but the strategy is hitting a major geopolitical iceberg. It’s hard to lower the cost of living when the supply chain is currently sinking in real-time.
Source: CNN
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