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Maritime Lifeline: Trump Offers Straits
of Hormuz Naval Escorts, Political Risk Insurance

Original Article

Posted By: Dreadnought, 3/4/2026 1:02:26 AM

It came as little surprise that, in response to Operation Epic Fury, there quickly followed reports that Iran was threatening to close the Strait of Hormuz. As our Ward Clark noted at the time: The Strait of Hormuz is a major shipping lane and a critical bottleneck connecting the Persian Gulf to the Gulf of Oman and the Arabian Sea. Iran controls the northern shore of the strait, while the southern side is formed by the Musandam Peninsula, belonging to Oman, with nearby coastline also held by the United Arab Emirates. The United Arab Emirates, we might note, are probably peeved at having been the apparent target of Iranian missiles

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Reply 1 - Posted by: DVC 3/4/2026 1:20:43 AM (No. 2075711)
Greedy insurance clubs were planning on making literally hundreds of millions on inflated insurance premiums. And, a few Greek shipping magnates have corralled enough of the available large crude tanker fleet that they have almost 10X'ed the daily rental rates to move crude. It used to cost $50K per day to charter a crude carrier, today it's running $450+K per day. And every day sitting trapped is still billed. The shortage of large crude tankers has been exploited by a few large operators looking to squeeze the folks shipping oil. I'm thinking that China is getting squeezed a lot by this situation. It won't kick in for a few weeks, at least, because of the ships already nearing China or there and waiting to unload, but it will eventually kick in.
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Reply 2 - Posted by: mifla 3/4/2026 6:11:39 AM (No. 2075750)
Iran supposedly has submarines, If they wanted to choke off the straits, that would be the way to do it.
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Reply 3 - Posted by: DVC 3/4/2026 12:01:48 PM (No. 2075955)
Re #2, the subs have made their final dives.
1 person likes this.

Reply 4 - Posted by: DVC 3/4/2026 12:17:53 PM (No. 2075960)
Another point on submarines potentially shutting the Strait of Hormuz. The water in the strait is only 200-300 feet deep, very shallow for submarines. With a sub of these types typically being about 200 ft long, that water depth means that if they tried a 30 degree dive from the surface, they'd nose into the bottom with the stern only 100 ft from the surface. Typical heights from keel to top of sail mean that even with only 50 ft depth below the keel the sub's sail would only be maybe 50-75 ft below the surface. And....the water is fairly clear around there....you can see a sub from aircraft in clear water when it is only 100 or 200 feet down. A very bad place for a sub to operate. Subs need deep water, preferably something like 500-600 feet minimum to work effectively.
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