Marco Rubio admitted to the utter helplessness of the US and its allies on the Hormuz issue. Listen to how weak and powerless he sounds pleading for answers as to what the West can do if Iran chooses to permanently close the Strait:
He’s outright admitting that the US has no plan B, and that if Iran chose to keep the Strait closed indefinitely, the whole world would simply have to “think of something”.
Has defeat ever been clearer?
Bloomberg printed several new pieces outlining precisely what would happen if Iran chose to take that path:
If the Strait of Hormuz doesn’t open by August, there may be a risk of a recession rivaling the great financial crisis. https://t.co/aY6yAYm5Ja
— Bloomberg (@business) May 21, 2026
A closure of the Strait of Hormuz through August raises the risk of an economic downturn that comes close to the scale of the Great Recession in 2008, according to Rapidan Energy Group. https://t.co/nayJ8MzKQu
— Bloomberg (@business) May 21, 2026
A closure of the Strait of Hormuz through August raises the risk of an economic downturn that comes close to the scale of the Great Recession in 2008, according to Rapidan Energy Group.
The advisory firm’s base case assumes the waterway reopens in July, resulting in an average oil demand reduction of 2.6 million barrels a day and the spot-market price for benchmark Brent crude peaking near $130 a barrel over the summer.
A delay until August would deepen the third-quarter supply deficit to roughly 6 million barrels a day, the firm said, just as inventories approach operationally challenging levels.
Continue reading at: simplicius76.substack.com
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