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ForgedCrank

(3,069 posts)

14. The entire

Reply to Aussie105 (Reply #7)

Sun Mar 1, 2026, 12:29 PM

Sunday

planet depends on that shipping lane. For example, even if Iran is only selling oil to China (who buys most of it right now), if that supply dries up, China will seek oil on the open market to replace that supply, and that in turn affects everyone buying oil by driving up demand from other sources, and as a consequence, the price as well.
The answer is to make sure that Iran can no longer keep pulling this stunt.

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Twenty million barrels of oil passed through the Strait of Hormuz yesterday. Today the number may be zero. [View all] womanofthehills Sunday OP

Of course! Seems an obvious consequence once it's brought to your attention. pat_k Sunday #1

Pretty sure they are counting on it, to raise prices and make his oil buddies niyad Sunday #4

Much less of an issue for the US. We produce currently just under 14 million barrels a day Melon Sunday #2

Point is, it will angrychair Sunday #3

You are quite correct. niyad Sunday #5

China is just observing and taking notes for their plans on Taiwan BumRushDaShow Sunday #9

The Middle East probably supplies 5% Melon Sunday #10

There's a flaw ForgedCrank Sunday #13

We won't be hit just as hard. Melon Sunday #16

Just my ForgedCrank Sunday #17

I think prices will rise slowly. Melon Sunday #18

The last two lines of that post: Another Jackalope Sunday #6

How much does the rest of the world depend on oil exports from Iran? Aussie105 Sunday #7

The entire ForgedCrank Sunday #14

Al Jazeera just reported a tanker was attacked. roamer65 Sunday #8

It'll be another excuse to raise the price of gas bif Sunday #11

This will have a huge impact on China, India, Japan and South Korea Kaleva Sunday #12

Orange Caligula is such a dip shit, though his grifting is unmatched. themaguffin Sunday #15