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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsStrait of Hormuz is closed.
https://www.reuters.com/world/middle-east/irans-revolutionary-guards-tell-ships-passage-through-strait-hormuz-not-allowed-2026-02-28/No insurers will honor losses if a tanker is damaged or sunk. Its effectively closed.
Market futures are looking horrible for Monday.
Good. Let Dump eat a crashing stock market.
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Strait of Hormuz is closed. (Original Post)
roamer65
13 hrs ago
OP
Sneederbunk
(17,408 posts)1. Time to fill up.
WarGamer
(18,424 posts)2. Buying Put Options on Monday morning!!
Disaffected
(6,344 posts)6. Umm, it'll likely be a little late by then(?). nt
ColoringFool
(541 posts)3. Uh, I'd rather not see my retirement portfolio tank.
gulliver
(13,885 posts)4. The article doesn't say that.
And rooting against people's retirement savings is far from a Democratic position. Not sure who in their right mind would be for that, but we aren't.
Disaffected
(6,344 posts)5. DJIA futures down 600 but
that was yesterday.
Oil futures now up only about $2.
Greg_In_SF
(1,160 posts)7. It is not
closed. There are oil tankers transiting the straight right this minute.
Another Jackalope
(154 posts)9. But are any new ones entering? nt
Greg_In_SF
(1,160 posts)10. You can check all
the action on the Marine Traffic website.
Another Jackalope
(154 posts)11. It's hard to tell.
The traffic looks thinner than I expected, but I don't know what it looks like on a normal day. AIS reports current position, course and speed, but the site doesn't appear to track movement over time. Traffic into the Red Sea looks pretty sparse.
roamer65
(37,885 posts)8. The stock market is a casino.
If you are invested in it for your retirement, youre a fool.
LetMyPeopleVote
(178,085 posts)12. I just filled up
roamer65
(37,885 posts)13. Smart move.