The Myth That Could Collapse Global Energy Markets The common assumption that reopening the Strait of Hormuz will restore the flow of oil is physically wrong. I have been warning for months that this isn’t a pipeline you can just turn back on. The International Energy Agency now confirms that the global energy crisis triggered by this war has surpassed the combined severity of the 1970s oil shocks and the 2022 gas crisis [1]. That is not a prediction; it is a documented fact. Yet the mainstream media keeps repeating the lie that once the ceasefire holds, tankers will sail and…
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This article was originally published by Tyler Durden at ZeroHedge under the title: Trump Not Open To Tehran’s Latest Proposal…
United States Secretary of State Marco Rubio has said that the Iranian government is using the Strait of Hormuz as…
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