Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

FBaggins

(28,699 posts)

3. That's nothing new and doesn't close the straight

Reply to SamuelTheThird (Original post)

Sat Feb 28, 2026, 09:49 PM

Saturday

It increases the cost of transporting oil far less than the increase in the value of the oil the tanker is carrying.

In the 1980 “tanker war” premiums quadrupled (far more than speculated here)… yet traffic continued to flow with little interruption

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

9 replies

= new reply since forum marked as read

Highlight:

Policies covering ships moving through the Strait of Hormuz are cancelled [View all] SamuelTheThird Saturday OP

This shows who really rules the world CanonRay Saturday #1

N/S JustAnotherGen Saturday #2

That's nothing new and doesn't close the straight FBaggins Saturday #3

No policy equals no ship transporting oil SamuelTheThird Sunday #4

Untrue... but also irrelevant FBaggins Sunday #5

I'll go with actual experts rather than random posters SamuelTheThird Sunday #6

Actually - you'll go with your own imagination over either FBaggins Sunday #7

Oil tanker traffic down 90% in the Strait of Hormuz SamuelTheThird Wednesday #9

This message was self-deleted by its author SamuelTheThird Wednesday #8