There is ‘no net benefit’ for Iran to impede the passage of oil through the Strait of Hormuz, said Ellen Wald, President of Transversal Consulting, on CNBC's Inside India. ➡️ While rising Middle East tensions have raised concerns that Iran could leverage the Strait of Hormuz, through which one-fifth of the world’s oil supply passes, it is unlikely for a total blockade to occur as Iran will be retaliated against if it attempted to do so. ➡️ Iran’s ability to wholly physically block the Strait of Hormuz is also debatable. While vessels do traverse through Iranian waters, they can still be diverted into UAE and Omani waters, Wald added. Watch Ellen Wald’s interview in our link in bio.