The Strait of Hormuz Isn’t “Closed”—But It Might As Well Be On paper, there’s a ceasefire. In reality, the flow of energy through one of the most critical chokepoints on Earth has slowed to a crawl. Before the conflict, over 130 ships per day moved through the Strait of Hormuz. Now? Fewer than 10. That’s not a disruption. That’s a bottleneck with global consequences. And here’s the part most people are missing: it’s not just physical closure causing the slowdown—it’s risk. Mines, military tension, unpredictable enforcement. Enough uncertainty to keep ships away. Which means supply isn’t flowing. It’s stalling. We Haven’t Felt the Real Impact Yet Right now, the system is running on fumes—literally. Countries are tapping into: Strategic reserves…
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