And we mentioned the importance of the Strait of Hormuz and the attacks and the trickiness of what's going on there right now. So I think that the actions that the U.S. and the allies would likely take will be to try and safeguard the straits, whether using doing that militarily with escorts and/or aerial support, and potentially creating a financial backstop that would allow tanker traffic to move through without fear that the damage would be uninsured. Yes, I think we're very lucky here in the United States, from the perspective that, because of the shale revolution, because of the fact that the U.S. has become the world's largest oil producer at 14 million barrels a day and a very significant gas producer, we're pretty self-sufficient here.
Author: William Brangham, Jackson Hudgins
Published at: 2026-03-02 23:35:09
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