Will Iran really close the Strait of Hormuz in the end? Will a black swan event occur? About one-third of the world's maritime oil trade passes through the Strait of Hormuz.
U.S. Vice President Vance stated that Iran's attempt to block the Strait of Hormuz would have a suicidal effect on their economy. In his opinion, it is unlikely that Iran would decide to do so.
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Will Iran really close the Strait of Hormuz in the end? Will a black swan event occur? About one-third of the world's maritime oil trade passes through the Strait of Hormuz.
U.S. Vice President Vance stated that Iran's attempt to block the Strait of Hormuz would have a suicidal effect on their economy. In his opinion, it is unlikely that Iran would decide to do so.