Homuz is an inflation dial for the planet. Squeeze the channel and inflation goes up. Right now it doesn’t seem so bad, because China decided to flex their own oil reserves. That’s the reason the US doesn’t have $5-$6 a gallon gas right now. Until shipping is moving in Hormuz again, China still has the option to make that happen. And they might, depending on how dipshit Donny talks about them.

The only difference between Iran or the US controlling Hormuz, for the average Joe is what crazy bastard gets to hold the inflation dial.

Also there’s a very long delay on some of the affects. Food prices are going to get real sketchy around the world this winter and going into next year.