"It won't be long now." That was President Donald J. Trump, speaking on the timeline for commercial traffic to flow again through the Strait of Hormuz at the White House on Tuesday. U.S. forces are "knocking the hell out of the coast," Trump said. "As soon as that war is over, which it will be soon, prices are going to drop like a rock," he added. "You watch."
Control of the Strait of Hormuz is a top geopolitical prize, and one of the core objectives of Operation Epic Fury. On a good day, 130 ships transit the Strait every 24 hours, moving cargo and about 20 million barrels of oil products. Currently, about 6 million barrels per day of oil from Saudi Arabia and United Arab Emirates have been rerouted to Red Sea pipelines.
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