1) Because Iran will do exactly what China asks them to do. Iran and China are not just allies, Iran is mostly sub servant to China just like the US is sub servant to Zionist Israel.
2) The rest of the world is slowly making other plans for trade other than the Strait of Hormuz. Thus the longer this goes on, the less important is the Strait of Hormuz
I'm not saying I agree what Trump is doing. But I can at least understand the leverage he hopes to gain.
It amazes me how out of touch with reality your posts are.
People aren't working around the Strait of Hormuz for Urea, Gas, Oil. It isn't that simple!
They are shipping around the horn of Africa instead of through the Mediterranean. Capitalism always finds a way.
Are you serious or did something come out wrong.
Taking the Mediterranean shoots one out the Red Sea. Yes, all bodies of water look alike, but the Red Sea isn't connected to the Strait of Hormuz. I'm also uncertain whether the big ass tankers can fit in the Suez.
That also doesn't impact urea, gas, oil coming from the sources adjacent to the Persian Gulf which gets shipped along the gulf because... that is the body of water next to it.
From the article:
Attached is a map of tanker ships worldwide from
Marinetraffic.com. A steady stream of tankers has formed, sailing from the Indian Ocean, around the southern tip of Africa, and into the oil-producing South American/US Gulf ports. Simply put, world markets are finding their oil elsewhere, including the United States. As Bloomberg's graph showed yesterday, for the first time in history, US oil exports are approaching 5 million barrels per day.
This shift shows Iran's strategy to block the Strait of Hormuz is becoming domestically damaging. Even when Iran reopens the Strait, its former clients will likely have found new partnerships with a lower risk of disruption. Its current actions have a limited window of maximum effectiveness, after which their effectiveness gradually decreases each day as demand to use the Strait diminishes.
World markets run on supply and demand. If the supply is disrupted in one region, demand leads buyers to seek the product elsewhere. Reliability is a premium in the oil market, even if shipping costs increase as a result (costs would increase regardless if Iran places a toll).