Why reopening the Strait of Hormuz won’t be enough to solve shipping woes and high oil prices

Reopening the Strait of Hormuz is proving to be difficult. But even if the vital waterway fully opens and oil and other necessary cargo sail out, it won’t be enough to return things to normal. That’s because empty ships will need to sail back into the strait to keep the flow of goods moving. Experts … The post Why reopening the Strait of Hormuz won’t be enough to solve shipping woes and high oil prices appeared first on Egypt Independent.