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For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
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Uh oh.
Also, I found some interesting trackers:
https://www.hormuztracker.com/
https://www.shiptraffic.net/2001/04/hormuz-strait-ship-traffic.html
No ships going through yet. And one had a very interesting nugget of info on insurance:
And didn't Iran also mine the strait?
Apparently Iran has a map of safe routes that they give out to ships paying their transit fee.
add on top of that:
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.
We need to see oil prices high enough to squash 95-100% of global demand.
Humans can adapt. We have renewable energy. We've had 6 years since covid to build a more resilient, sustainable infrastructure. We didn't. The world went right back to burning fossil fuels, and then some, and have only accelerated since.
Maybe we need another global supply chain breakdown to force us to make up for lost time. Cause we needed to stop burning fossil fuels a decade ago.
I bet we'll start seeing a lot more electric cars on the road. Too bad so many manufacturers shut down their production!
This is bullshit. There is a combination of excess and premium that any insurer would accept.
Or the USA could provide/pay the insurance. Trump wants the strait open, he can backstop the insurance.
They could, but will they?
If there's a will, there's a way. That does require people to work in good faith though.
Great find, thanks for sharing.
Here is another good one: https://www.ishormuzopenyet.com/