“Even if the strait does open fully, it will take weeks for oil from the region to flow back into world markets. High oil prices will persist for weeks, at least, as producers wait to make sure stability has really returned before they ramp production back up on the 20% of facilities in the region that have not been damaged. The damage from Trump’s attack on Iran ‘has inflicted the kind of damage that takes months, if not years, to repair.’”









