Maritime chokepoint war sparks oil crisis

A war involving attacks on the Strait of Hormuz can immediately cut or complicate roughly a fifth of global oil flows, and unlike a producer embargo, physical damage, insurance collapse and pipeline limits mean supply loss can persist for months or years. That persistence forces structural economic change (higher energy costs, inflationary stagflation risk, accelerated shifts to alternative suppliers and fuels) rather than a short, reversible shock. — If true, policymakers must treat naval chokepoints and maritime insurance as strategic priorities and prepare for prolonged economic and geopolitical fallout, not a temporary spike.