add on top of that:

• time for Iran to administrate passage
• time for each boat to enter/exit under security
• reduced production rates due to full tanks or damaged infrastructure
• time for countries to raise sovereign capital (selling bonds, gold and currency reserves) to meet price increases

estimates are a reduction of 15-25% of global supply and 3-5 years to recover IF the straight is opened immediately and stays open. You can’t print oil ppl. The price per barrel will need to be high enough to squash 15-25% of global demand. We could see $300-350+ per barrel.

maybe the total for that company’s fleet?