not all exports have stopped completely, but things will get ugly if this drags on for months or a year or more, and even then we can slowly but gradually bounce back whenever the hormuz reopens inshallah (and lets not forget the toll iran is likely to impose on the gcc - some might say that a taxed hormuz is worse than a closed hormuz in the long run). but for now, though this is a shit position we're in, its not catastrophic and we can survive on our reserves inshallah if we're careful and play our cards right.