"The only thing prohibiting transit in the Straits right now is Iran shooting at shipping. It is open for transit should Iran not do that."

The pool is available for swimming, should the shark not be in it. The building is available for occupancy, should the fire not be in it.

It is open for transit, should Iran not do that.

The Strait of Hormuz is 21 miles wide. Twenty percent of the world's traded oil passed through it.

Tanker traffic through the strait has dropped from 50 vessels per day to nearly zero. Insurance premiums have risen 500 percent.

cr: @gothburz

do you think any tanker will try to go through it?

personally i am impressed they can get insured.