“This really is the big one,” David Goldwyn, fmr #US diplomat & #Energy Dept ofcl, said of the shutdown of the #StraitOfHormuz, the world’s most important choke point for #oil. This is the emergency scenario everyone feared.

#Cargo deliveries are stranded, #shipping charges have increased & #insurance premiums have skyrocketed. Yes, the price of #gas at the pump is affected. But so is the price of #food, #medicine, airplane tickets, #electricity, cooking oil, semiconductors & more.

#TrumpsWar

“This is a nightmare of America’s own making. This is what happens when you put in charge people as incompetent, greedy, corrupt and quite frankly stupid as Donald Trump. Those who have never learned from history because they’ve never learned history…."

~ Mary Trump

#Trump #MAGA #Iran #war #madness #insanity #stupidity #oil #gas #economy #EnergyCrisis #agriculture #fertilizer #food
/24

threads.com/@marco.foster/post…

Marco Foster (@marco.foster) on Threads

Mary Trump on Iran: “This is a nightmare of America’s own making. This is what happens when you put in charge people as incompetent, greedy, corrupt and quite frankly stupid as Donald Trump.

^Threads

"Whole regions in the Philippines—including the capital city of Manila—just forced employers to institute a four-day workweek instead of a five-day workweek specifically to try to save energy.

Gas stations in Vietnam have started to run out of fuel. …

What was all this for?

'We’re doing this for the other parts of the world.'

I’m sure they’re delighted with that."

#Trump #Iran #war #madness #insanity #oil #gas #economy #EnergyCrisis #agriculture #fertilizer #food
/23

"The nation of Bangladesh just closed its universities because they need to conserve energy—they need to conserve electricity used by the universities—and they need to reduce the need for people to drive anywhere."

#Trump #Iran #war #madness #insanity #oil #gas #economy #EnergyCrisis #agriculture #fertilizer #food
/22

"A plastics plant north of Tokyo started to scale down production on Friday because they can’t get the raw materials they use in that production process—because they’re petroleum-based products.

It’s also aluminum and other commodities like that as facilities like smelters shut down for lack of fuel."

#Trump #Iran #war #madness #insanity #oil #gas #economy #EnergyCrisis #agriculture #fertilizer #food
/21

"Huge amounts of fertilizer pass through the Strait of Hormuz—fertilizer bound for ports all over the world, for crops all over the world, for foodstuffs all over the world.

Raw materials related to the petroleum industry are also being choked off."

#Trump #Iran #war #madness #insanity #oil #gas #economy #EnergyCrisis #agriculture #fertilizer #food
/20

"In Qatar and Kuwait and Bahrain, major energy companies have declared force majeure—which basically means they’re saying, hey, act of God, outside our control.

We can no longer be held to any contracts we previously signed.

As they all radically scale down their oil and gas production.

And it’s not only fuel—it’s also food."

#Trump #Iran #war #madness #insanity #oil #gas #economy #EnergyCrisis #agriculture #fertilizer #food
/19

"The Wall Street Journal is now describing this as the most severe energy crisis since the 1970s.

CNBC calls it the biggest oil supply disruption in history.

Saudi Arabia has now cut its production of oil.

Iraq’s production of oil is down to less than one-third what it was before Trump started this war."

#Trump #Iran #war #madness #insanity #oil #gas #economy #EnergyCrisis #agriculture #fertilizer #food
/18

"The president did unveil a new purported justification for the war today in his rambling press conference at his golf thing.

He said, quote:

'We’re doing this for the other parts of the world.”

We’re doing this for the other parts of the world.'

It’s actually hard to argue with that one. That one might actually be true."

~ Rachel Maddow

#Trump #Iran #war #madness #insanity #oil #gas #economy #EnergyCrisis #agriculture #fertilizer #food
/17

realclearpolitics.com/video/20…

"With nearly one-third of key fertilizer ingredients and a large share of global urea and ammonia exports tied to the region, attacks on ships and halted transit are driving up fertilizer, oil, and diesel prices—raising costs for farmers and potentially leading to higher grocery prices and lower crop yields worldwide."

#Trump #Iran #war #StraitofHormuz #oil #gas #fertilizer #agriculture #food
/14

"The war with Iran is threatening to raise global food prices as shipping disruptions through the Strait of Hormuz stall fertilizer exports critical for agriculture."

~ Aaron Parnas

#Trump #Iran #war #StraitofHormuz #oil #gas #fertilizer #agriculture #food
/13

aaronparnas.substack.com/p/new…

NEWS: Trump Administration Threatens Media Licenses Over "Negative" Iran War Coverage as Marines Deploy and Allies Do Not Answer Trump's Demands

Good evening everyone.

^{Aaron Parnas (The Parnas Perspective)}