Sea lanes

Iran seized another oil tanker yesterday, the second in the past week. Since the end of globalization the United States no longer protects the sea lanes around the world so this type of piracy will happen more often. This type of thing was expected when the US no longer protected shipping and is likely to continue and to escalate. This is bad news for China since they do not have the naval capacity to protect their imports and exports. If this continues insurance companies will stop insuring and that will bring halt to all shipping. The US with a world wide naval force can and will protect American shipping.