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Closing This Global Oil Chokepoint Crashes the World’s Economy

Closing This Global Oil Chokepoint Crashes the World’s Economy

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Iran has the capacity to militarily shut down tanker traffic through the Strait of Hormuz. If it does, and that lasts for more than a month, then the world economy will suffer a heart attack. Can they do it? Yes. Will they? That all depends on what Trump does next.

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