Gaeilge said:benchmark said:Gaeilge said:
China is going to have to self-insure the oil going through the Hormuz, which I don't think will be an issue for them. But marine traffic through the Hormuz will slow dramatically more until the war risk coverage is extended back to the area.
Yep. Transportation insurance isn't going to stop China from receiving 40% of their oil imports via Hormuz. China also has a navy very capable of escorting tankers ... something the US absolutely wouldn't want to see. So there's also that.
China will not move ships to the Persian Gulf with all of our units there.
Indeed!
