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Analysts: Iran may not block, nor be able to block the Strait of Hormuz.
On June 13, as tensions rose due to Israel's strike on Iran, the market feared that Iran might block the Strait of Hormuz in retaliation. However, market watchers believe that the closure of the shipping lane is unlikely, or even physically. Ellen Wald, co-founder of Washington Consulting, said there was "no net benefit" for Iran to block the passage of oil in the Strait of Hormuz, given that Iran's oil infrastructure was not directly hit; At the same time, the closure of shipping has led to an increase in oil prices, which could displease Iran's oil customers. Iran may be the first to taste the bitter fruits of the blockade. Other analysts believe that the blockade of the Strait of Hormuz has been a recurring threat tool, but it has never been put into action. First of all, most of the strait is located in Oman, not in Iran. Secondly, it is wide enough that the Iranians simply cannot block it. Finally, given that the US Fifth Fleet is stationed in Bahrain, it will be extremely difficult for Iran to block the straits for a long time.