[mring33621]

I believe that there are powerful elements in the USA that are happy with the Strait being closed. This is rewarding oil producers and processors in red states while hurting blue California proportionally more.

Also, it appears that Trump enjoys any actions that hurt allies more than they hurt him. He's waiting for someone who cares more about the Strait to devote their resources to sorting this out.

All noise to the contrary is lip-service and market manipulation.