Iran has a āpowerful weaponā in Strait of Hormuz: Expert
Jason Bordoff from Columbia University, formerly at the US National Security Council under the Obama administration, says Iran has high tolerance for navigating the impact of the Strait of Hormuz closure. He also says global inventories and rerouted fuel flows are temporarily cushioning the disruption from the war, but warns prices will rise sharply once those buffers run down and demand destruction sets in.