AXIOS (Amy Harder) - A closed Strait of Hormuz was once unthinkable
A fully closed Strait of Hormuz was long seen as unthinkable — and unmanageable if it happened — based on past modeling and interviews with energy experts. Why it matters: That conventional wisdom underscores just how unprecedented today's closure is — and how little playbook exists for what could come next. The intrigue: In at least two major exercises assessing potential oil disruptions — one in 2007 and another in 2022 — energy experts considered a full shutdown of the strait but ultimately didn't model it in their planning. - In both cases, they judged it either too unlikely or too large in scale to meaningfully plan around. - "The idea was laughed out of the room," said Sam Ori, who worked on the 2007 exercise at the…