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Iran begins mining Strait of Hormuz as Washington's tanker escort claim collapses - Türkiye Today
(www.turkiyetoday.com)
this post was submitted on 10 Mar 2026
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Markets going up in response.
Lolz. Lmao, even.
Trump said it’s almost over, so uhh, I guess mission accomplished?
We certainly didn't hear about Epstein the past couple of weeks so yeah, mission accomplished
Yes we did.
I hear things. Operation Epstein's Fury and all.
Its because European countries announced they are going to release strategic reserves.
I still don't get it though because that only covers 2 weeks and Iran has already taken down some permanent capacity in the region and a bunch of places had to stop pumping (meaning well mineralization and reopening times of months). I would expect oil to be at $100 even with the strategic reserves announcement.
Ah, but you see that's a problem for future people.
Fuck future me. I got mine!
In the next couple weeks, demand is going to go down as the weather warms up. After that, they have all summer to to work on shifting production to renewables as much as possible and shifting fossil fuel suppliers to ones that don't need to use that strait.
Summer somewhat affects natural gas. Demand for petrol and fertilizer doesn't go down in the summer. There's no way renewables are going to have an effect on the demand for those commodities in the next 12 months.
How much sense it makes depends on which markets went up. If, for example, you are an Alberta oil producer, this situation is wonder for the bottom line.