The Hormuz Ceasefire Expires Tomorrow
In 24 hours, the ceasefire at the Strait of Hormuz expires. 21 million barrels of oil a day — one third of the world's seaborne supply — hangs on what happens next. Pakistan mediated 21 hours of negotiations in Islamabad. They collapsed. Iran demanded the US withdraw its carrier group. Washington refused. Then on April 19th, the USS Spruance seized an Iranian cargo ship near the strait. Iran called it an act of war and re-closed shipping lanes. If the ceasefire breaks, oil could hit $150/barrel by morning. Full story: how America trapped China through three chokepoints — link in comments. Sources: Reuters, US CENTCOM, EIA, CSIS #hormuz #iran #oil #ceasefire #geopolitics #trump #navy #ussspruance #oilprices #moneymaps #shorts
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