RT by @Malbrunot: A new Brookings analysis finds the Strait of Hormuz closure will *really* bite within 1-2 months: -by mid-July, temporary price buffers will be exhausted -once ma

A new Brookings analysis finds the Strait of Hormuz closure will *really* bite within 1-2 months: -by mid-July, temporary price buffers will be exhausted -once markets figure out buffers are gone, prices could reach $150/barrel Have to hand it to @robin_j_brooks, a proponent of Trump's blockade, for doing crucial analysis on the timeline for costs hitting the US. I would add that as the costs of the Hormuz standoff become more apparent and severe, Trump's bargaining leverage vis-a-vis Iran will decrease accordingly