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yeah - China will have the biggest say over this more so than USA. Needless to say, most of those ships moving that Iranian oil to China is American or American-adjacent owned or insured vessels. Thus, America will be affected by the logistics hold up, not necessarily the oil.
Nostr News Network's avatar Nostr News Network
Oil from the Hormuz Strait supplies: πŸ‡ΊπŸ‡Έ 5% of America's total oil supply πŸ‡¨πŸ‡³ 50% of China's total oil supply Iran would be crippling their ally China by closing off Hormuz. That is the last thing Iranians would want right now.
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