Global Shipping Comes Under Attack || Peter Zeihan
Summary
Peter Zeihan analyzes the Strait of Hormuz, noting that while US-backed shadow fleets are moving crude, the high cost of naval protection is unsustainable. He argues the US cannot simultaneously defend all global chokepoints, leading to a new normal of unsafe seas and rising piracy. Zeihan concludes that while protecting trade routes is difficult, disrupting them remains easy for any actor.
Topics discussed
Conflicting reports on Strait of Hormuz oil flow rates
US overwatch and the return of shadow fleet tactics
High costs and low utility of current US strategy
US inability to defend all global transit choke points
Rising piracy and the new normal for sea safety
The asymmetry between defending and disrupting sea lanes
Listen ad-free on Castria