Mastodawn

It'll take 3-4 _months_ in some areas (Kuwait in particular) to fully restart wells, and those won't restart until portside storage is drawn down enough to provide a destination. So add the 45(ish) days transit time, and you're looking at, oh... 5-6 months of follow-on impacts and upwards price pressure just for crude oil.

And that, of course, doesn't even get into the price impacts on derived products, which are legion.

#FuckTrump #FuckTheGOP #FuckRepublicans #fascism #news #IranWar #iran #war #oil #economy

Solarbird

Apr 22

SO MUCH FOR NO NAVY: Overnight (Cascadian / Pacific time), Iran attacked a third ship attempting to make a run through the Strait. More importantly, they escorted two of the ships to the Iranian shoreline, which is hard to do if you don't have at least some sort of functional military ship, even if small.

In addition to the Greek-registered Epaminondas, the IRGC attacked the Euphoria and the MSC Francesca, both registered through Panama. The MSC Francesca and Epaminondas were reportedly "seized" and taken to the Iranian coat.

https://www.bbc.com/news/live/cx297218m9vt?post=asset%3A6c420593-467e-4320-93a4-5283a8878109#post

#IranWar #GulfOfHormuz #iran #IRGC #fascism #FuckTrump #FuckTheGOP #FuckRepublicans

Karen Conlin Apr 20

Followed by a Mastodon dot social account with an empty bio save for "God bless America" and no posts, and a PFP of a MAGA-looking dude.

That's a block.

#NoMAGA #NoGodsNoMasters #FuckTheGOP

Solarbird

Apr 19

RE: https://flipboard.com/@pbsnewshour/world-c9uqk8rrz/-/a-4OEUzWKyRouj9xG2Ummx6g%3Aa%3A2651838374-%2F0

and up and down and up and down and up and down

it's an insider-trader's paradise

#oil #OilPrice #IranWar #corruption #FuckTrump #FuckTheGOP #FuckRepublicans

Solarbird

Apr 18

Hopefully, someone will check trade records late after Shitstain's liefest on Friday that sent oil prices down $10 a barrel. If you haven't kept up:

1) Iran re-closed the strait after Shitstain opened his stupid fucking mouth

2) At least two ships trying to make it through in the so-called "open" period came under Iranian fire

3) Nobody's in the Strait right now other than a couple of Iranian fishing boats and one cargo craft, near shore. None are near the transit area. The one that shows up as present and underway under power hasn't updated its data in almost 12 hours at time of post, so it's safe to assume it's not there.

Images 11 hours apart.

#oil #OilPrice #StraitOfHormuz #IranWar #fascism #FuckTrump #FuckMAGA #FuckTheGOP #lies