Steve Hanke(@steve_hanke):Multiple tankers are reportedly BURNING in the Strait of Hormuz, as Iran claims another vessel has been struck and declares the waterway under its naval control. TRUMP CLAIMS THE STRAIT IS OPEN. FOR ALL PRACTICAL PURPOSES, THE STRAIT OF HORMUZ REMAINS EXTREMELY DANGEROUS.

Steve Hanke

@steve_hanke

Professor of Applied Economics @JohnsHopkins | Senior Contributing Columnist @Fortune | FX & Commodity Trader | Reagan White House | Views are my own

Joined October 2012

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Steve Hanke@steve_hanke

2026.11.08 14:18

Multiple tankers are reportedly BURNING in the Strait of Hormuz, as Iran claims another vessel has been struck and declares the waterway under its naval control. TRUMP CLAIMS THE STRAIT IS OPEN. FOR ALL PRACTICAL PURPOSES, THE STRAIT OF HORMUZ REMAINS EXTREMELY DANGEROUS.