What could happen if Trump blocks the Strait of Hormuz?
US President Donald Trump's threat to block the Strait of Hormuz will only affect a small number of ships still plying the waterway, says shipping expert Lars Jensen.
TL;DR
- Shipping expert Lars Jensen believes Trump's threat to block the Strait of Hormuz will impact very few ships.
- Companies paying Iran for passage are already facing US sanctions.
- Most shipping companies are waiting to see if a peace agreement is reached and holds.
- The decision to transit the Strait of Hormuz relies on trust in any US-Iran agreement.
- Trump announced US forces would begin blocking ships and clearing mines in the Strait of Hormuz, calling Iran's actions 'world blackmail'.