For as long as most of us have been alive, the Strait of Hormuz has been treated as a fact of nature. A, narrow strip of water that a fifth of the world's oil simply had to pass through, war or no war, because there was no real alternative. That assumption died on February 28, 2026. It won't be resurrected, no matter how this war ends.

For as long as most of us have been alive, the Strait of Hormuz has been treated as a fact of nature. A, narrow strip of water that a fifth of the world's oil simply had to pass…

The Strait of Hormuz has been closed since late February 2026. Under normal conditions about 20 million barrels of oil a day pass through the strait, close to a fifth of the total…