Will Gottsegen: “Even if an agreement does emerge, reestablishing normal ship traffic through the strait will take time—and energy markets won’t necessarily be quick to respond.
“Getting vessels through the strait isn’t simply a matter of telling captains to start their engines. Before they can set sail, they need to know what routes they can reasonably take, and whether they might trigger any of the underwater mines still reportedly lingering in the area. Seafarers will need assurances of safe passage before oil, fertilizer, helium, aluminum, and other commodities can actually start to reach their ports and relieve global markets …
“Resolving the larger problem—the most significant oil shock in history, by some estimates —could take longer still. When ship traffic starts up again, tankers headed for, say, East Asia, might take weeks to reach their destination. Another issue is the Middle East’s reduced capacity to *produce* the oil that’s loaded on these ships. Damaged refineries will need repairing (Ras Laffan, a large Qatari facility hit by drone and missile strikes, isn’t expected to return to full capacity for three to five years), and closed-up wells will need to be carefully reopened, which could reportedly take as long as a few weeks.”
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Will Gottsegen: “Even if an agreement does emerge, reestablishing normal ship traffic through the strait will take time—and energy markets won’t necessarily be quick to respond.
“Getting vessels through the strait isn’t simply a matter of telling captains to start their engines. Before they can set sail, they need to know what routes they can reasonably take, and whether they might trigger any of the underwater mines still reportedly lingering in the area. Seafarers will need assurances of safe passage before oil, fertilizer, helium, aluminum, and other commodities can actually start to reach their ports and relieve global markets …
“Resolving the larger problem—the most significant oil shock in history, by some estimates —could take longer still. When ship traffic starts up again, tankers headed for, say, East Asia, might take weeks to reach their destination. Another issue is the Middle East’s reduced capacity to *produce* the oil that’s loaded on these ships. Damaged refineries will need repairing (Ras Laffan, a large Qatari facility hit by drone and missile strikes, isn’t expected to return to full capacity for three to five years), and closed-up wells will need to be carefully reopened, which could reportedly take as long as a few weeks.”
Read more: [https://theatln.tc/WLngIrlx](https://theatln.tc/WLngIrlx)
Bold to assume there will be a “deal”.