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Polytechnique’s Lehalle on bottleneck models and Hormuz closure

Iran conflict raises a now-familiar problem, says quant: how to predict which goods go where

Map of the straits of Hormuz

The day before the US and Israel attacked Iran, more than 60 ships carrying oil and liquid natural gas passed through the Strait of Hormuz, the narrow passage that links the Gulf and the Arabian Sea. Only a handful, mostly shadow-fleet vessels, have made the journey since. 

Of course, something like normality may return swiftly. US president Donald Trump said on March 9 the war would end very soon

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