The U.S.-Iran war is the biggest oil supply disruption in history

Source: cnbc_official

8 Comments

  1. cnbc_official on

    The U.S. war against Iran has triggered the largest oil supply disruption in history, more than double the previous record set during the Middle East crisis of the 1950s, according to an analysis by consulting firm Rapidan Energy.

    About 20% of the world’s oil supply has been disrupted for nine days now as tanker traffic through the Strait of Hormuz remains at a standstill. Crude prices have surged above $100 per barrel in response.

    More details: [https://cnb.cx/46LirRl](https://cnb.cx/46LirRl)

  2. SoCallMeDeaconBlues1 on

    This entire operation was never about anything else. Always has been, is, and always will be about OIL.

  3. Selling this as short term pain for long term gain isn’t going to stick

  4. 2001_Arabian_Nights on

    The quality of the information that we’re getting is entirely too low.

  5. Playful-Painting-527 on

    Remember: wind and sun can’t get blockaded. Energy independence is only possible with renewables.

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