The Strait -- April 27, 2026

Locator: 50641STRAIT.

One of the themes of the blog: every day the strait remains closed, the more irrelevant Qatar (LNG) and Saudi Arabia (oil) become.  

I posted that again in the past hour.

Just minutes ago, this post over on x, link here: 

Think of the irony: Iran closes the strait thinking they hold the "upper hand" by closing the strait.

Eighty-one percent (81%) of Iran's total trade passes through the strait. 

Trade through the strait accounts for the following percent of the following countries:

• The US: 1.6%. Repeat: 1.6%.

• Europe/UK:
• Spain: 1.7%.
• France: 2.1%
• UK: 2.6%

• Asia:
• Malaysia: 3.2%
• China: 5.6%
• South Korea: 6.7%
• Japan: 6.9%
• India: almost 20%

• World: 3.8%. 

Meanwhile countries are re-wiring their trade routes.