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That’s a sensible idea to help the tankers get through safely. Oil prices have dropped slightly, perhaps on this news. Will this lead to a much bigger dip in the price of oil if it proves a success over the next few days?

I am not sure if it can move the sheer quantity to drive prices back down to what it was without Iran stopping. It should like you said though cause an improvement.

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6 sats \ 0 replies \ @MB 3 Mar

With only 20% of oil passing through the straight I think we have seen an overinflated jump in the price.

Maybe this news will help to correct the price to a more sensible level bearing in mind the current situation.

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