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mainer

(12,557 posts)

7. It's worth a read -- and it all gets down to insurance

Reply to LeftInTX (Reply #6)

Tue Mar 31, 2026, 12:51 PM

Tuesday

Insurers won't let tankers go through Hormuz because they fear losing their ships. So the tankers won't proceed. And Trump won't send ships, to avoid the devastating image of a Navy ship on fire.

And to make matters worse, the other route, through the Red Sea is about to be blocked by the Houthis. So no Gulf oil at all, unless you bow to Iran.

We're in a far worse position than most people realize.

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Highlight:

Why we CAN'T reopen the Strait of Hormuz [View all] mainer Tuesday OP

The Houthis have been decimated but are still relevant. gab13by13 Tuesday #1

Drones are cheap NickB79 Tuesday #2

As I said gab13by13 Tuesday #3

Not for long, unfortunately NickB79 Tuesday #4

Yeah, I keep waiting for an economist to use the D word - deflation. gab13by13 Tuesday #5

Cuz we don't live there? LeftInTX Tuesday #6

It's worth a read -- and it all gets down to insurance mainer Tuesday #7

I read it. LeftInTX Tuesday #8