SCHMITZ: So what is it like right now for a tanker moving through the Strait of Hormuz? WILKINS: The situation right now in the Strait of Hormuz remains severe. You might recall that the U.S. has a blockade in the southern part of the Strait of Hormuz at the moment, so there are U.S. WILKINS: There is something called the traffic separation scheme that goes right through the Strait of Hormuz, and that's been established since the late '60s. It's not a situation that's going to change overnight.