Reopening Strait of Hormuz Would Ease Oil Crisis but Only So Much 17.8%
The New York Times - By Rebecca F. Elliott - 4/18/2026, 9:44 AM
Appeal to Authority 24.6% - Pessimism Bias 15.9% - Optimism Bias 13.7%
Shipping companies are facing confusion and uncertainty about the status of the Strait of Hormuz, the narrow passageway through which a significant share of the world’s energy flows, as they assess mixed messages from officials in Iran and the United States. But even if the strait opens fully — on Saturday, Iran’s military said it would... more