Donald Trump erupted at the United Kingdom Tuesday morning over its refusal to join the United States in its war against Iran, issuing the European nation a notice that the United States would no longer be offering it “help.”
“All of those countries that can’t get jet fuel because of the Strait of Hormuz, like the United Kingdom, which refused to get involved in the decapitation of Iran, I have a suggestion for you: Number 1, buy from the U.S., we have plenty, and Number 2, build up some delayed courage, go to the Strait, and just TAKE IT,” Trump wrote on his social media platform Truth Social.
My understanding (and I am not an expert) is that it “kinda doesn’t matter” since you’re just sending out trains of huge tankers. The throughput is maintained even if the latency is increased. There is extra cost to taking a longer route to be sure, but it’s been optimized for cost to the point where markets don’t even take a big hit when ships go all the way around Africa instead.