Tuesday, 24 March 2026

CHINESE, IRAQI OIL TANKERS PASS THROUGH HORMUZ AS WEST FACES ECONOMIC CATASTROPE

 WILL THERE BE ANY EUROPE LEFT IN 2027? W ILL THERE BE MASS STARVATION, DEATHS AS LACK OF OIL, GAS AND FERTILZERS CAUSES AN UNPRECEDENTED COLLAPSE?

ONLY SHIPS GETTING THROUGH THE STRAIT OF HORMUZ ARE HEADING FOR ASIA

OIL SHORTAGE IS SET TO HAVE A DIFFERENTIAL IMPACT ON COUNTRIES DEPENDING  ON THE AMOUNT THEY GET FROM THE MIDDLE EAST, THE AMOUNT OF RESERVES THEY HAVE, THE ALTERNATIVES THEY HAVE, THE TIME SHIPS TAKE TO TRAVEL

CHINA SITS WELL PLACED ON ALL THESE SCORES

EUROPE AND THE UK MUCH LESS SO

RELEASE OF STRATEGIC OIL RESERVES IS CURRENLY CUSHIONING OIL PRICES IN WEST BUT THESE RESERVES MAYRUN OUT IN A COUPLE OF WEEKS

YET THERE IS NO PEACE PLAN

IRAN HAS SAID PEACE TALKS ARE FAKE NEWS

WILL CHINA AND THE BRICS BUY UP EUROPE AS THEY CONTINUE TO GET OIL, FERTILISERS THROUGH THE STRAIT OF HORMUZ?

https://www.zerohedge.com/markets/chinese-containership-first-pay-iran-safe-passage-through-strait-hormuz-iraqi-tanker

GEOGRAPHY OF THE STRAIT MAKES IT IMPOSSIBLE TO TAKE AND HOLD ESPECIALLY IF THE CHINESE BACK IRAN

PLAN TO BUILD A ROAD TO BYPASS THE STRAIT COULD TAKE YEARS

SAUDI ARABIAN PIPELINE TO THE RED SEA IS ALSO VULNERABLE TO DRONE, MISSILE ATTACKS

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