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ForgedCrank

(3,068 posts)

17. Just my

Reply to Melon (Reply #16)

Sun Mar 1, 2026, 12:53 PM

Yesterday

speculation, but I'm guessing that tomorrow morning the market devolves into an unreasonable panic as opportunists start a frenzy. Prices will skyrocket to a crazy and unrealistic level, then withing a short time (days?) the coalition will have control of the passage and squash the Iranian threat to that shipping lane, then prices will start easing again.
I'm not sure how much my opinion is based on reality, and how much is just based on hope. Even if it comes true, it'll tie up a lot of naval resources to secure safe passage in the area. It's a mess anyway we look at it.

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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 Yesterday OP

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

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

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

Point is, it will angrychair Yesterday #3

You are quite correct. niyad Yesterday #5

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

The Middle East probably supplies 5% Melon Yesterday #10

There's a flaw ForgedCrank Yesterday #13

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

Just my ForgedCrank Yesterday #17

I think prices will rise slowly. Melon Yesterday #18

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

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

The entire ForgedCrank Yesterday #14

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

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

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

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