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Strait of Hormuz closure triggers global fuel crisis, threatening U.S. gas prices and jet fuel shortages.
Former Biden administration energy adviser Amos Hochstein warned that the Strait of Hormuz closure has triggered a severe global fuel crisis, causing jet fuel shortages and threatening to spike U.S. gas prices.
He noted that while U.S. reserves remain stable, soaring global jet fuel costs will likely raise airfares this summer.
Regarding Iran, Hochstein acknowledged the U.S. had prepared for potential military action by 2025 but stated recent strikes targeted military infrastructure, not nuclear facilities, questioning if a diplomatic solution is now possible.
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El cierre del Estrecho de Ormuz desencadena una crisis mundial de combustible, amenazando los precios del gas en los Estados Unidos y la escasez de combustible para aviones.