Recently, news about the Strait of Hormuz could be said to look more and more like a chaotic mix of information～

On one hand, Trump is gathering a bunch of countries' naval ships saying they want to escort tankers, and the scene sounds quite impressive; on the other hand, Iran is implementing "selective passage" for tankers other than those from the US and Israel, making the situation suddenly much more complicated. There's a lot of news and many positions, but the core logic is actually quite simple: the game is still ongoing～
The key issue lies in the geographic structure of the Strait of Hormuz itself.
The narrowest part of this shipping lane is only tens of kilometers wide, with concentrated traffic and narrow terrain, which itself is not very suitable for large-scale escort systems to deploy. In theory, escort sounds very forceful, but the practical implementation difficulty is quite high. Once the situation becomes tense, any small friction could be rapidly magnified.
For Iran, the Strait of Hormuz is itself a strategic trump card.
As long as uncertainty remains here, the global energy market will remain tense along with it, which is also one of its most powerful bargaining chips～
So while the information the market is seeing now is chaotic, one thing is quite clear:
As long as the uncertainty of the Strait of Hormuz persists, oil prices and financial markets will find it very difficult to truly settle down～