and right side people can just get fucked eh? no park for those poor bastards
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Cake day: June 12th, 2023
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DarkSpectrum@lemmy.worldto
World News@lemmy.world•U.S. has violated ceasefire agreement, Iran parliamentary speaker saysEnglish
141·13 days agoadd on top of that:
- time for Iran to administrate passage
- time for each boat to enter/exit under security
- reduced production rates due to full tanks or damaged infrastructure
- time for countries to raise sovereign capital (selling bonds, gold and currency reserves) to meet price increases
estimates are a reduction of 15-25% of global supply and 3-5 years to recover IF the straight is opened immediately and stays open. You can’t print oil ppl. The price per barrel will need to be high enough to squash 15-25% of global demand. We could see $300-350+ per barrel.

until it hits your hip/pants/pockets/handbag with every step