There's other news floating around from Citrini saying similar things - the actual substack post (behind a paywall https://www.citriniresearch.com/p/strait-of-hormuz-a-citrini...), and some news coverage - https://www.cnbc.com/2026/04/06/wall-street-firm-sends-analy...

Being able to put up toll booths on the Strait is another knife to the body of international law and the good old rules based order.