00:00Wait, how can one tiny sea route crash the entire world economy?
00:03Because the Strait of Hormuz moves about 21 million barrels daily,
00:06nearly 20% of global oil trade since 2023.
00:09So any closure strangles supply.
00:11Why does that make prices explode so fast?
00:13Tankers detour 6,000 miles, insurance spikes, futures panic,
00:16and refineries lose feedstock like the 1970s oil shocks
00:19within days globally during U.S.-Iran tensions in 2024.
00:22That's freaking terrifying!
00:23One blockade turns fuel into famine
00:25because energy prices hit food, jobs, transport,
00:27and families first worldwide immediately.
