The U.S. maritime blockade of the Strait of Hormuz, aimed at undermining Iran's crude oil exports, may not achieve its goal of ending the conflict, according to Garrett Jin of "1011 Insider Whale." The blockade, which impacts Iran's export of approximately 1.7 million barrels of oil per day, is seen as a tactically intelligent move with lower costs and risks compared to occupying facilities like Kharg Island. However, Jin notes that the blockade's effectiveness is limited as it targets Iranian ports without fully closing the strait, allowing third-party transit. This action also challenges the U.S.'s image of supporting "freedom of navigation" and could have significant implications for global maritime order. While the blockade shifts the strategic initiative, it may not compel Iran to make concessions and could instead prolong the conflict by narrowing diplomatic options. The market has accounted for the blockade's immediate impact but not potential escalations.