Strait of Hormuz closure persists, energy analyst outlines impacts and recovery timeline (pbs.org)

• Strait closed since March 4, 2026; US-Iran talks stalled.
• US and China inventories cushioned initial shock; Asia now in crisis.
• Fertilizer supply (1/3 global traded) hit; Europe facing jet fuel shortages.
• Yergin: 6 months to return to 80% of pre-closure levels if strait reopened.

"The Strait of Hormuz remains mostly closed since March 4, 2026, with US-Iran talks showing no progress. Energy analyst Daniel Yergin states that US and Chinese inventories have so far mitigated the global impact, but Asia is already facing an energy crisis with rationing and fertilizer shortages. If the strait reopened, recovery to 80% of pre-closure levels would take six months. Iran is reportedly aiming to assert permanent control over the waterway."