Tag: strait of hormuz
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DAy 297 of 1000: The U.S. is Not Immune to the Effects of the Strait of Hormuz Closure
The United States is not immune to the closure of the Strait of Hormuz just because we are net energy exporters. Consider plastics and food.
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DAy 286 of 1000: Global Trade and the Fourth Turning
The current closure of the Hormuz Strait is putting pressure on the petrodollar system. If the U.S. loses it, they’ve lost their economic power too.