Comment Re:Really Quite Remarkable (Score 1) 235
The rest of the world can produce enough oil to make up for the oil lost in the straits, but they can't ramp up quickly. It would take years.
You say that like any treaty we've signed is worth more than the paper it's printed on.
A treaty needs to be ratified by the senate to be legally binding.
Note that Ukraine has caught on to this trick, and is now insisting that any defense treaty make it through congress. Earlier we promised to help Ukraine, but the Budepest Memorandum wasn't ratified by congress.
I seem to remember the Iraq-area wars that the US was involved in going on far longer and less of an oil crisis happening this fast.
The Iraq war only affected Iraq.
Closing the straights affects oil from Iraq, Iran, Kuwait, Oman, and Saudi Arabia.
The world has relied on "Just in Time" delivery or maintaining minimal backups to cover brief weather interruptions for many years as globalisation became the norm.
This would not be a problem if it weren't for war.
We should work towards world peace.
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Quantum Mechanics is God's version of "Trust me."