• Noted - For Now - World Oil Flow UnInterrrupted

    From c186282@21:1/5 to All on Wed Jun 18 03:36:43 2025
    XPost: alt.politics, alt.politics.usa, alt.fan.rush-limbaugh

    Iran theoretically can close off the Persian Gulf.
    This would put a BIG crimp in global oil supplies.

    So FAR it hasn't done that. Likely the USA would
    act aggressively to PREVENT it - but corps and
    their insurers may not be so convinced.

    USA production is UP now ... but I don't think
    it can compensate for the Persian Gulf being
    closed off, short/medium-term anyhow.

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