….also known as the Strait of Hormuz, is almost exactly the profit margin for a tanker making this voyage. So obviously nobody is going to make the voyage, nor is it even clear who they would pay. Ship insurance is often secured by voyage and no new insurance is being written. More proof nothing is happening. All this despite Iran’s undertaking to open the Strait during the cease fire.
These are the people that the Woke World wants to move by negotiation.