As a consequence of the war with Iran, oil prices are expected to rise dramatically on monday. Simultaneously, Danish shipping company Mærsk which has a 15 percent global market share, is now forced to route their containerships away from the strait of Hormuz and sail around the entire continent of Africa, which will further damage the world economy.

But of course, Pete Hegseth and Donald Trump thought about this before running guns blazing into Iran to distract from The Epstein Files, right?

@randahl Why would the container ships be in the strait of Hormuz?

@rubbel @randahl
@jens

Trade with Kuwait, Bahrein, Qatar, UAE and Iran that goes to Afrika, Europe, the Far east, South America's, Canada and Ameribarf... Actually any part of the world. Other than oil, Like China, there is a lot of 'make' industry, Distribution and re-distribution, But also fertilizers, plastics and the like. The area is a major trading hub.

@bitchboss Randal talks about diverting traffic south of Africa. I fail to see what the Strait of Hormuz has to do with shipping passing the Suez Canal? @rubbel @randahl
Red Sea / Gulf of Aden situation

You can find here all the latest information, as well as vessel contingency and surcharge updates.

@bitchboss That still doesn't explain Randal mixing up the situation in the Strait of Hormuz with the Gulf of Aden and Red Sea.
The latter explains the diversion of traffic south of Africa🙂
@jens @bitchboss There are few Iranian allies along the way