Saturday, March 7, 2026

We are being blackmailed by crazy people...

Editor's note: The pirate City of London and Lloyd's are driving a false narrative through the media about an oil shock that will be worse than we have ever seen. Don't buy into this erroneous narrative. The British are manipulating the news media as usual to destroy President Trump in the mid-terms. It is astonishing that more analysts are not onto the City of London's machinations against the US especially as to what is going on in Iran and shipping through the Straight of Hormuz. The Iranians cannot stop shipping through the straight. This is about Lloyd's of London's insurance and reinsurance (insurance is the DNA of capitalism) of shipping. What does this mean? It looks as though Trump & Co. are destroying the City of London's oil empire and that includes in Iran. 
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Are You Prepared For The Worst Global Oil Crisis In More Than 50 Years?

March 5, 2026 | by Michael

If you have not already done so, I would recommend filling up your vehicle, because it looks like the price of gasoline is going to go much higher. At the very beginning of this war with Iran, the price of oil didn’t rise too much because many investors were anticipating a quick victory over Iran. But now it has become exceedingly clear that there will be no quick victory, and the price of oil is spiking dramatically. Unless something really crazy happens, this is going to be an extended conflict, and that means that the flow of oil out of the Middle East will not return to normal for quite some time.

According to CNBC, the Iranians just hit another oil tanker with a missile…
Iran claimed to have struck an oil tanker with a missile, according to a state media report. Iran’s Revolutionary Guard ordered a closure of the Strait of Hormuz earlier this week and threatened to attack tankers passing through it, according to state media.

The British Navy on Thursday reported a large explosion at a tanker at anchor in Iraqi territorial waters. The ship’s master reported seeing a small vessel flee the scene. The crew is safe and no fires were reported.
The Iranian side of the Strait of Hormuz is absolutely teeming with anti-ship missiles.

Until something is done about that, traffic through the Strait of Hormuz will continue to be paralyzed
"You've essentially had the Strait of Hormuz grind down to a halt," explained Matt Smith, an analyst at Kpler, a data and analytics firm.

He said the slowdown isn’t necessarily because Iran has formally closed the waterway, though Tehran has threatened to, but because shippers are weighing the risk of missile or drone strikes in the narrow corridor.

The result, Smith said, is a growing bottleneck of crude and refined products. And if the disruption stretches from days into weeks, Smith warned, the fallout could intensify quickly.

"If this drags on for weeks, the ramifications are huge," he said, pointing to early ripple effects already emerging in global energy markets.
Many are comparing the current state of affairs to the oil embargo of 1973. But the truth is that the supply disruption that we are experiencing now is far greater than anything that we experienced back then…
So how does this get fixed?

Well, the truth is that it isn't going to get fixed until the war ends.

At this stage, the U.S. and Israel have achieved full aerial dominance and are bombing the living daylights out of Iran.

But that won't bring an end to the regime.

Regime leaders are now hiding deep underneath hospitals, schools and mosques, 125,000 heavily-armed members of the IRGC have full control of the major cities, and Iran has one of the largest armies in the world.

Sending in a few thousand Kurds won't do much against an army that boasts more than 600,000 men on active duty and more than 300,000 men among the reserves.

Read more...

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