A completely ridiculous article that is as divorced from reality as current paper oil markets. They speak of this as if it is a bump in the road. Look at their graphs. First they assume the strait will reopen by the end of May. Ridiculous. Then they say how bad it will be if it “takes a few more weeks” to reopen. It will never reopen the way it was before. It is Iran’s now. They are not giving it back to the west and its puppets.
Then let’s assume for a moment they were right. Why do their graphs show a mere months until production levels reach the previous level again? When the gulf states themselves admit it will take years. Their infrastucture is damaged. They have had to shut down production. Even if the strait reopened today the production would not reach normal levels again for years. And it won’t reopen today. It will stay as it is, and they will have to pay Iran’s tolls.
A completely ridiculous article that is as divorced from reality as current paper oil markets. They speak of this as if it is a bump in the road. Look at their graphs. First they assume the strait will reopen by the end of May. Ridiculous. Then they say how bad it will be if it “takes a few more weeks” to reopen. It will never reopen the way it was before. It is Iran’s now. They are not giving it back to the west and its puppets.
Then let’s assume for a moment they were right. Why do their graphs show a mere months until production levels reach the previous level again? When the gulf states themselves admit it will take years. Their infrastucture is damaged. They have had to shut down production. Even if the strait reopened today the production would not reach normal levels again for years. And it won’t reopen today. It will stay as it is, and they will have to pay Iran’s tolls.
Completely agree, and the fact that this is the narrative that’s being peddled means that most people have no idea what’s really coming.