Charlie Stross3d ago

https://www.france24.com/en/france-confirms-oil-crisis-says-30-40-gulf-energy-infrastructure-destroyed

France's Finance Minister Roland Lescure revealed on Wednesday that between 30 and 40 per cent of Gulf refining capacity has been damaged or destroyed by Iran's retaliatory strikes, leaving a shortage of 11 million barrels a day on global oil markets. Lescure warned it could take up to three years to restore damaged facilities, and several months to restart those that were urgently shut down.

Business - France confirms oil crisis, says 30-40 percent of Gulf energy infrastructure destroyed

France's Finance Minister Roland Lescure revealed on Wednesday that between 30 and 40 per cent of Gulf refining capacity has been damaged or destroyed by Iran's retaliatory strikes, leaving a shortage of 11 million barrels a day on global oil markets. Lescure warned it could take up to three years to restore damaged facilities, and several months to restart those that were urgently shut down.

FRANCE 24
Show threadGraydon3d ago

@cstross So the fertilizer supply is messed up for this year and next and maybe the year after, which means food availability (not price; availability) seems likely to get iffy.

The Gulf States do not experience domestic food surplus; their ability to feed the workforce that maintains those refineries comes into question. (Their willingness to feed the workforce of a shut down refinery is another thing.)

This starts to look like it could be a question of recovering the community of practice.

Show threadMedea Vanamonde 🏳️‍⚧️

@graydon @cstross

Springtime for Putin
And Iran
Winter for Iraq and Kuwait

Mar 26 at 10:44pmWeb