The conflict between USA and Iran it’s still going. In the last few hours, both parties seem to be getting closer to starting peace talks, but the war tension remains. Especially in the Strait of Hormuzstrategic point for the world crude oil market. To this uncertainty is added, however, a certainty. And it’s not good news: clearing Hormuz of naval mines placed by Iran would take six months of work.
This has been assured by members of the Pentagon to the United States Congressas reported by the Washington Post. Furthermore, from the army they remember that mine clearance could not begin until the war was completely over. A not very hopeful forecast to determine when we can return to normality in the Strait of Hormuz. Even if hostilities end, the fuel price would remain elevated for several months.
Prices at a gas station.
Iran has placed 20 mines in the Strait of Hormuz
He Pentagon maintains, according to the Washington Post, that Iran would have placed a twenty mines in it Strait of Hormuz. Navigation through the area could not return to normality prior to the war, which began on February 28if the waters are not perfectly safe. The Congress of USAthe Associated Press reported, raised serious questions about Pentagon about him total cost of the conflict at the briefing they held on Tuesday April 22.
Satellite image of the Strait of Hormuz.
Why the Strait of Hormuz is key to oil
It is no coincidence that the Strait of Hormuz been making headlines since USA and Israel they attacked Iran the past February 28. We are talking about the largest fossil fuel tap on the planet, through which the 20 percent of oil and the 20 percent of natural gas world. The Strait of Hormuz is 39 kilometers wide, but the lanes enabled for its navigation are barely three kilometers in each direction. Because of this, it is relatively feasible to militarily throttle traffic.
