As Iran warns of a total blockade of the Strait of Hormuz following failed ceasefire negotiations, experts have projected the 72-hour economic and military fallout for the United States. A total closure of Hormuz would instantly eliminate 20 percent of the world's oil supply, leading to fuel shortages in states reliant on oil imports from the Gulf, such as Florida, Texas, Louisiana, and New York. The US Navy's Fifth Fleet and associated carrier groups would be put on high alert for combat. Pentagon contingency plans have included discussions about fuel rationing akin to the 1973 oil embargo. Analysts suggest that the economic repercussions would impact every American consumer within a matter of days.
