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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: Steve203 ⎊❂🐝 HONORARY
SHREWD   😊 😞
Number: of 4460 
Subject: Re: Attack on Iran
Date: 02/28/26 6:35 PM
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There seems to be no news that any of the warring parties has hit any of the oil or gas fields.

A map of strikes I posted on the policy board showed Kharg Island as one of the targets. Drop a few bombs, and the tanker insurance companies will make it uneconomic to lift oil there.

There are no reports on the straits being closed or how the warring is happening around the Strait of Hormuz.

There seem to be two schools of thought on that topic.

IRGC tell ships passage through Strait of Hormuz 'not allowed'

Vessels in the Gulf reported receiving messages warning that no ships were allowed to pass the Strait of Hormuz, according to EU and UK agencies, though Iran has not confirmed any closure.

jpost.com - Middle east

Steve

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