#StraitOfHormuz #Centcom #OilPrices
Multiple container and tanker ships struck. One other known to have sunk.
Trying to reality check info put out by US Centcom
Fuel prices so high because cost per barrel up 10-17 times over last year.
Deficit in reserves from oil not coming out at usual levels over summer.
At some point, risk is going to get too high even for companies willing to run risks for the price.
Against all this background, the diesel deal President #StableGenius allegedly cooked up will not make a dent in prices for US consumers.
NOT solvable militarily. NEED POLITICAL resolution.
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