Economics of Hormuz closure are skewed towards Iran, so why won't the vessels just pay Tehran and sail away?

The US dollar-dominated global oil trading system is being tested by the Iran war and the closure of the Strait of Hormuz, as governments in major consuming nations turn to…

Tehran’s pressure on Gulf energy targets and global shipping has forced Washington and Jerusalem into a war of attrition, raising oil prices and complicating efforts to reopen the…